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…
Not providing certified copy of penalty order was reasonable basis for seeking condonation of delay in filing the appeal before…
Penalty U/s 271(1)(c)-Unspecified charge in notice can be made good with a clear-cut finding in penalty order - ITAT explains…
Tax Authorities can now keep a watch on electronic information generated, transmitted, received or stored in any computer resource Section…
CBI has booked a Delhi based Chartered Accountant (CA) in a alleged Bribery case. A lady Income Tax Inspector has…
CBDT authorizes CIT u/s 119(2)(b) to admit belated applications in Form No. 9A and Form No.10 in respect of AY…
Prosecution 276C(2) - Evasion of tax vs evasion of payment of tax. High Court quashed prosecution when ITAT reduced income…