Section 50C has no application in case the entire net sale consideration has been applied for acquiring the new house…
No disallowance u/s 40A(3) where payments not claimed as expenditure. ITAT deletes addition as alleged cash payment was made for…
Correction of minor head of IDS challan (111) by mistake by taxpayer or data entry mistake committed by bank branch…
Amount received on sale of prepaid cards to the extent of unutilized talk time did not accrue as income in…
Explanatory Notes to the Provisions of Finance Act 2018 CBDT has issued circular on the Explanatory Notes to the Provisions…
Extension of the due date for furnishing of report u/s 286 (4) of the Income-tax Act 1961 by constituent entity. Circular…
Merely cash withdrawals at one point of time cannot be a sole basis for explaining the cash deposit in future.…
AO should examined return of income and carry out initial investigation before coming to the conclusion that income has escaped…
Determination of fair market value of unquoted equity shares of 'Start Up' companies under section 56(2)(viib) of the Income-tax Act,…
Exception from online filing of application under section 197 and 206C (9) in the cases of NRIs and resident applicants…