Income Tax

  • Income Tax

CBDT issues clarification on linking of PAN with Aadhaar

CBDT issues clarification on linking of PAN with Aadhaar Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes…

5 years ago
  • Income Tax

Without finding to year of purchase, jewellery found in locker not undisclosed income u/s 271AAB

In the absence of finding as to the year of purchase, jewellery found in locker would not represent the undisclosed…

5 years ago
  • Income Tax

Rectification order u/s 154 quashed due to doctrine of merger.

Rectification order u/s 154 quashed due to doctrine of merger. Questions expressly decided by appellate/revisional authority cannot be reagitated u/s…

5 years ago
  • Income Tax

Prosecution u/s 276C- Signing/verification of ITR by director is prima-facie evidence

Prosecution u/s 276C- Signing, verification of ITR by director is prima-facie evidence. Charge to be framed even on the basis…

5 years ago
  • Income Tax

Difference in ITAT and non jurisdictional High Court amounts to two opposite views

Difference in Tribunal and non jurisdictional High Court amounts to two opposite views despite that decision of High Court rendered…

5 years ago
  • Income Tax

Addition made by AO in limited scrutiny by extending scope into full scrutiny deleted

Addition made by AO in limited scrutiny by extending scope deleted as AO did not take due permission to convert…

5 years ago
  • Income Tax

CBDT invites comments on committee’s report on Profit Attribution to PE in India

CBDT invites comments on report on Profit Attribution to PE in India. The Committee had examined the existing scheme under…

5 years ago
  • Income Tax

Income Tax Act does not invite any pre-deposit for staying recovery of demand-High Court  

Income Tax Act does not invite any pre-deposit for stay of demand. 20 per cent amount prescribed by CBDT Instruction…

5 years ago
  • Income Tax

Revisional order u/s 263 quashed following rule of consistency

Revisional order u/s 263 quashed following rule of consistency, Revenue argued that the principle of res judicata has no application…

5 years ago
  • Income Tax

There is distinction between questions of law proposed & questions framed by  Court – SC

There is distinction between questions of law proposed by appellant for admission of  appeal and  questions framed by  Court –…

5 years ago