Income Tax

  • Income Tax

CBDT revises 55 Frequently Asked Questions (FAQs) on Vivad se Vishwas Scheme.

CBDT revises 55 Frequently Asked Questions (FAQs) on Vivad se Vishwas Scheme. CBDT revises 55 FAQs on Vivad se Vishwas…

4 years ago
  • Income Tax

CBDT revising ITR forms for FY 2019-20 to enable benefits of timeline extension due to Covid-19

CBDT revising ITR forms to enable benefits of various timeline extension given due to Covid-19 Finance Ministry Press Release CBDT…

4 years ago
  • Income Tax

No Penalty u/s 271(1)(c) merely due to quantum addition without fresh verification  

No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings  ABCAUS Case Law Citation:ABCAUS…

4 years ago
  • Income Tax

No Penalty u/s 271(1)(c) on cancellation of automatic deduction on wrong classification of income

No Penalty u/s 271(1)(c) on cancellation of automatic deduction u/s 24(a) on wrong classification of income under house property than…

4 years ago
  • Income Tax

Expenses incurred during lull business period can not be denied when no income is generated

Expenses incurred during lull business period can not be denied to assessee when he was not able to generate any…

4 years ago
  • Income Tax

CBDT Clarification on TDS/TCS short deduction due to increase in surcharge rates by Finance Act 2019

CBDT Clarification on short deduction of TDS/TCS due to increase in rates of surcharge by Finance No.2 Act, 2019. when…

4 years ago
  • Income Tax

New Tax Regime u/s 115BAC for TDS. Employee to intimate employer his intention. CBDT

Clarification in respect of option u/s 115BAC regarding TDS. Employee to intimate employer his intention for each previous year. CBDT…

4 years ago
  • Income Tax

CBDT clarifies orders for issuance of certificate for lower deduction/collection of TDS/TCS

CBDT Clarifies orders for issuance of certificate for lower deduction/collection of TDS/TCS Clarification on orders dated 31.03.2020 and 03.04.2020 issued…

4 years ago
  • Income Tax

CBDT to issue all pending income-tax refunds up to Rs. 5 lakh

CBDT to issue all pending income-tax refunds up to Rs. 5 lakh. GST/Custom refunds also to be issued Government of…

4 years ago
  • Income Tax

Trust for benefits of particular community no ground to deny Registration u/s 12AA

Trust set up for providing benefits to a particular community no ground to  deny Section 12AA registration ABCAUS Case Law…

4 years ago