Income Tax

  • Income Tax

Incriminating documents belonging to/containing information pertaining to assessee. Section 153C explained

Incriminating documents belonging to or containing information pertaining to assessee. The High Court explains the amendment made in section 153C…

5 years ago
  • Income Tax

Checklist for filing ITR7 for AY 2019-20 to avoid common mistakes in return preparation

Checklist for submitting ITR7 for AY 2019-20 to avoid common mistakes in return preparation which may impact uploading of the…

5 years ago
  • Income Tax

Proceedings initiated u/s 148 instead of section 153C quashed. ITAT explains the difference

Proceedings initiated u/s 148 instead of section 153C quashed. ITAT explains the difference between jurisdiction under both sections ABCAUS Case…

5 years ago
  • Income Tax

No Income tax communications to be issued without a computer-generated DIN on or after 15.10.2019

No Income tax communications to be issued without a computer-generated Document Identification Number  (DIN) on or after 15.10.2019 Circular No.…

5 years ago
  • Income Tax

457 Transfers/Postings in the grade of Additional/Joint CIT by CBDT

CBDT has made 457 Transfers/Postings in the grade of Additional/Joint Commissioner of Income Tax (CIT).  The Transfer/Postings have been made…

5 years ago
  • Income Tax

Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion & Profit Shifting

Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion and Profit Shifting signed by India on 7th…

5 years ago
  • Income Tax

CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees in Kolkata

CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees in Kolkata Press Release There have been reports…

5 years ago
  • Income Tax

Section 292BB does not save complete absence of notice. it cures only infirmities in service of notice – SC

Section 292BB does not save complete absence of notice. Section seeks to cure only infirmities in service of notice -…

5 years ago
  • Income Tax

Transfer pricing adjustment without TPO reference. AO breached mandatory CBDT Instruction – SC

Transfer pricing adjustment without reference to TPO. Supreme Court upholds that AO breached mandatory Instruction but restored appeal to AO…

5 years ago
  • Income Tax

Penalty notice u/s 271AAB without specifying ground & default in show cause notice u/s 274 invalid

Penalty notice u/s 271AAB without specifying ground and default in the show cause notice u/s 274 held not valid –…

5 years ago