It is surprising that the Postal Department and the Income Tax Department have not been integrated – High Court In…
Income Tax launched verification operation to investigate fraudulent claims of deductions and exemptions claimed in Income Tax Returns. Income Tax…
ITAT quashed order passed by PCIT u/s 263 without mentioning specific Section under which AO should have made the addition…
No penalty u/s 271E or 271D can be levied without satisfaction recorded in the assessment order for initiating the penalty…
Assessee entitled to claim deduction u/s 48 of housing loan interest paid for remaining amount over and above already claimed…
Show cause notice dropped in e-filing portal requiring reply on the same date was in gross violation of the principles…
Whether source of funds for share capital is explained is, a question of fact not giving rise to any substantial…
Penalty u/s 271AAC deleted by ITAT as income surrendered was declared in revised return substituting original return. In a recent…
ITAT deleted addition for cash deposited in bank account where return of income was filed u/s 44AD of the Income…
Exemption u/s 11 can not be denied for belated filing of revised Form 10B when original Form 10B was filed…