CBDT grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-21…
Under mercantile system of accounting interest payable is equal to paid. ITAT deleted disallowance on the ground that interest was…
Genuine expenses wrongly claimed as deduction not attract penalty u/s 271(1)(c) for furnishing the inaccurate particular of income ABCAUS Case…
No Penalty u/s 271B where assessee under bona-fide belief failed to get accounts audited u/s 44AB despite turnover exceeding threshold…
Invitation for submission of Applications for National IP Awards-2020. Last date 07.02.2020 National Intellectual Property (IP) Awards are conferred every…
Maintenance and furnishing of information & document by certain person u/s 92D. CBDT Notification MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD…
IBBI (Liquidation Process) (Amendment) Regulations 2020 The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board…
Notice for initiation of complete scrutiny assessment proceeding prior to receipt of approval by Pr. CIT i.e. in anticipation of…
Claim of exemption u/s 10 for agricultural land not liable to penalty u/s 271(1)(c). ITAT directed Assessing Officer to delete…
Additions agreed during assessment proceedings can be challenged in appeal when assessee itself not made disallowance in return of income…