• Income Tax

Yoga also gives medical relief as per definition of charitable purpose us 2(15). Propagation of yoga is also imparting of education – ITAT

9 years ago

Yoga also gives medical relief as per definition of charitable purpose us 2(15). Propagation of yoga was charitable purpose and…

  • Income Tax

Probative worth of Income Tax Proceedings qua lawfulness of the sources of income. SC judgment

9 years ago

Probative worth of Income Tax Proceedings qua lawfulness of the  sources of income. SC rejects IT orders/assessment as proof against…

  • Income Tax

Expeditious refund issue high priority for CBDT. Over 4.19 crore ITRs processed and over 1.62 crore refunds issued during Current FY

9 years ago

Expeditious refund issue high priority for CBDT. Over 4.19 crore ITRs processed and over 1.62 crore refunds issued during Current…

  • Income Tax

Operation Clean Money by Income Tax Department gets overwhelming response. More than 5.27 lakh taxpayers submitted response till 12-02-2017.

9 years ago

Operation Clean Money by Income Tax Department gets overwhelming response. More than 5.27 lakh taxpayers submitted response till 12-02-2017. Ministry…

  • ICAI

ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants

9 years ago

ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants [TO BE…

  • Income Tax

Addition us 68 for accommodation entries-don’t shoot the messenger

9 years ago

Addition us 68 for accommodation entries-don't shoot the messenger. Addition restricted to commission earned on accommodation entries-ITAT  ABCAUS Case Law…

  • Empanelment

Empanelment of Experts-Mediators Conciliators for 2017-18 Western Region, Mumbai. The last date is 15-03-2017

9 years ago

Empanelment of Experts-Mediators Conciliators for 2017-18 Western Region, Mumbai. The last date for receiving application is 15-03-2017 before 5 PM…

  • Income Tax

Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted.

9 years ago

Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. The AO did not detect mistake but noticed…

  • Income Tax

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not that of the AO-Allahabad HC

9 years ago

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the…

  • Income Tax

FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ

9 years ago

FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ for…