• 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

10 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

10 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

10 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.

10 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

10 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

10 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

10 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.

10 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

10 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

10 years ago

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