• Income Tax

No Vacancy allowance us 23(1)(c) if property actually not let out at all even for a single day during the previous year. There is no anomaly in the Law-ITAT

10 years ago

No Vacancy allowance us 23(1)(c) if property actually not let out at all even for a single day during the…

  • Income Tax

IDS-2016 waiver of penalty prosecution and application to pending litigation due to retrospective amendments-CBDT

10 years ago

IDS-2016 waiver of penalty prosecution and application to pending litigation due to retrospective amendments.  Government of India Ministry of Finance…

  • Income Tax

IDS-2016 Declarations shall not be reflected in Online Form 26AS or OLTAS for confidentiality purpose. It shall not be shared even with jurisdictional CIT

10 years ago

IDS-2016 Declarations shall not be reflected in Online Form 26AS or OLTAS for confidentiality purpose. It shall not be shared…

  • Income Tax

Search warrant in the name of assessee and family members. The word family can not be stretched to include spouse, daughter or children – Rajasthan HC

10 years ago

Search warrant in the name of assessee and family members. The word 'family members' can not be stretched to include…

  • Income Tax

FAQ-Direct Tax Dispute Resolution Scheme 2016-CBDT issues 14 questions and answers vide Circular No. 33/2016

10 years ago

FAQ-Direct Tax Dispute Resolution Scheme 2016-CBDT  Circular No.33 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue…

  • Income Tax

Tax Audit report us/ 44AB filing due date for AY 2016-17 also extended to 17-10-2016-CBDT clarification

10 years ago

Tax Audit report us/ 44AB filing due date for AY 2016-17 also extended to 17-10-2016-CBDT clarification regarding order u/s 119…

  • Companies Act

Amendment to Schedule-V Remuneration payable by companies having no profit or inadequate profit without Central Government approval

10 years ago

Amendment to Schedule-V Managerial Remuneration by companies having no profit or inadequate profit without Central Government approval-MCA Notification Government of…

  • Income Tax

CA floated 90 companies for fake accommodation entries. However Reopening u/s 147 held bad as merely based on Investigation Wing Report

10 years ago

CA floated 90 companies for fake accommodation entries. However Reopening u/s 147 held bad as merely based on Investigation Wing…

  • Income Tax

Recording two separate reasons for reopening u/s 147 148 bad as it itself shows non-application of mind and assumption of wrong jurisdiction – ITAT

10 years ago

Recording two separate reasons for reopening u/s 147 148 bad as it itself shows non-application of mind and assumption of…

  • Income Tax

No TDS liability us 194C for back to back contract in JV as JV and constituent members had no contractor or sub-contractor relationship -ITAT

10 years ago

No TDS liability us 194C for back to back contract in JV. Joint venture and its constituent members had no…