Setting up of a dedicated structure for delivery and monitoring of tax payer services in the Income Tax Department Government…
Return of income (ITR) can now be filed without pre-payment of self assessment tax and interest In order to rationalise…
Belated returns u/s 139(4) can now be revised u/s 139(5)-Budget-2016-17 amendments In order to rationalise the time allowed for filing…
Time limit for filing belated income tax returns u/s 139(4) reduced by one assessment year-Budget-2016-17. Amendment applicable from AY 2017-18…
ITR filing made compulsory if total income together with exempt LTCG from Equity shares exceeds basic exemption limit In order…
Form 15G 15H for receiving Rent Payments without TDS deduction from 01-06-2016. Budget 2016-17 amendment to section 197A and 194I…
Section 12AA 80G5 charitable trust approval-rejection on defective dissolution clause in deed is beyond the scope of enquiry for grant…
If higher GP rate applied no further trading account disallowance can be made INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘B’ BENCH,…
CIT-Appeals has no power u/s 251 to send back file to AO to verify claim of the assessee. INCOME TAX…
No Penalty 271(1)(c) if income offered u/s 132(2) is accepted by Assessing Officer u/s 153A and assessed INCOME TAX APPELLATE…