Income Tax advisory on phishing scams, shares list of trusted emails, website urls & text codes Income Tax Department has…
Assessment Order passed several months ahead of deadline without making inquiries/verification is without due application of mind & in avoidable…
Notice u/s 148 approval recording satisfaction “Yes, I am satisfied on the reasons recorded by the AO that it is…
AO cannot sit back with folded hands in not issuing summons u/s 131 of Income Tax Act in quest for…
Addition u/s 68 quashed for cash given by wife deposited by husband in his bank account. In cash deposits, relationship…
It is incumbent upon CIT(A) to examine the veracity of the statements made in affidavits. Addition u/s 68 for cash…
CBDT Circular on deduction of Tax (TDS) on Salaries u/s 192 of the Income Tax Act, 1961 during FY 2019-20. …
Addition for investment in penny stock company remitted to record how assessee involved in promoting company and how inflated shares…
Two different proceedings arising out of same assessment should be disposed together to avoid multiplicity of proceedings and conflicting judicial…
No bar in law for a person dealing in land to also have investment in land. Assessee can hold same…