Day: March 10, 2016

CBDT-Appeal filing monetary limits applies to cross objections also

Government of India Ministry of Finance Central Board of Direct Taxes F.NO.279/MISC./M-142/2007-ITJ (PART) New Delhi, 8th March, 2016 All Pr. Chief Commissioners of Income-tax All Director Generals of Income-tax Subject: Clarification on applicability of Circular 21/2015-reg: The monetary limits for filing appeals before the Income Tax Appellate Tribunals …

Section 79 do not apply to carry forward and set off of unabsorbed depreciation in case of change in shareholding

INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCH ‘A’, BANGALORE I.T(TP).A No.635/Bang/2015 (Assessment Year : 2009-10) M/s. Swiss Re Healthcare Services P. Ltd ….. Appellant  vs. Principal Commissioner of Income-tax …Respondent Date of Order: 09/03/2016 ORDER PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER : In this appeal filed by assessee it is aggrieved …