• Income Tax

Order set aside as notices not sent to e-mail address mentioned in Appeal Form-35

3 years ago

Ex parte order remanded as notices not sent to e-mail address mentioned in Appeal Form-35 but to email linked to…

  • Income Tax

Refund of amount wrongly transferred to an entry provider declined- SC dismisses SLP

3 years ago

Refund of amount wrongly transferred to an entry provider party whose bank account was attached by Income Tax Department declined-…

  • Income Tax

Mistake by CA in Audit Report if demonstrated is enough, correction in report not necessary

3 years ago

Mistake by CA in Tax Audit Report if demonstrated with relevant material enough, Insistence of correction in audit report is…

  • Income Tax

Contents of assessment order not decisive if reopening is change of opinion – SC

3 years ago

Manner and contents of assessment order framed not determinative whether or not reopening is a case of change of opinion…

  • Income Tax

Frequently Asked Questions (FAQs) on Income Tax e-Verification Scheme 2021

3 years ago

  Frequently Asked Questions (FAQs) on Income Tax e-Verification Scheme 2021.   The FAQs on the e-Verification Scheme, 2021 (hereafter…

  • Income Tax

No legal authority exist for revenue-authorities can make lump-sum disallowance

3 years ago

There is no legal authority by or under which the revenue-authorities can make a lump-sum disallowance. Lump sun disallowance made…

  • Income Tax

Capital Gain Exemption u/s 54 & 54F limited to Rs. 10 crores

3 years ago

Capital Gain Exemption u/s 54 and 54F for investment in residential house limited to Rs. 10 crores Section 54 and…

  • Income Tax

Increase in threshold limits for presumptive taxation u/s 44AD and section 44ADA

3 years ago

Increase in threshold limits for presumptive taxation schemes u/s 44AD and section 44ADA   Under the existing provisions of Section…

  • Income Tax

Income Tax basic exemption limit, slabs & rates for AY 2024-25

3 years ago

Income Tax basic exemption limit and tax slabs for individuals & HUFs for AY 2024-25  The basic income tax exemption…

  • Income Tax

Direction for Special Audit u/s 142(2A) of CA Firm quashed as not meeting prerequisite

3 years ago

Direction for Special Audit u/s 142(2A) of CA firm quashed by ITAT as without meeting prerequisite of section 142(2A) ABCAUS…