Income Tax Investigation Wing and Central charges to resume sending notices to assessees electronically F. No. 414/ 29 /2020 -IT…
Income Tax Department conducts search on premises of Chinese entities As per a Press Release issued by Finance Ministry, the…
Daughters have coparcenary rights from birth even if father not alive on commencement of Hindu Hindu Succession (Amendment) Act 2005…
Section 139A not to apply to non-resident (except company) who makes investment in a specified fund subject to few conditions…
Govt. designates three Special Courts in Maharashtra for trial of offences punishable under the Income-tax Act, 1961 MINISTRY OF FINANCE(Department…
Trustees of Mutual Funds to appoint dedicated officer to give administrative assistance in monitoring various activities of the AMCs Securities…
No Penalty u/s 271AAB unless undisclosed income found from seized material. Disclosure made in statement u/s 132(4) not sufficient to…
Penalty u/s 271(1)(c) upheld despite notice without striking off the not applicable charge as in penalty order AO specified the…
Education cess & Secondary and Higher Education Cess are allowable deduction while computing income chargeable under the head of profits…
Mutual Agreement Procedure (MAP) Guidance notes released by CBDT Mutual Agreement Procedure (MAP) The Double Taxation Avoidance Agreements (DTAAs or…