Income Tax

  • Income Tax

Deduction u/s 54F denied for non deposit in capital gains accounts scheme allowed

Deduction u/s 54F denied for non deposit in capital gains accounts scheme allowed as investment in flat purchase was made…

5 years ago
  • Income Tax

High Court explains mandate of “reasons to suspect” and “reasons to believe” in Income Tax search

High Court explains mandate of "reasons to suspect" and "reasons to believe" in income tax search, quashed  warrants of authorization…

5 years ago
  • Income Tax

Re-assessment of Sonia/Rahul Gandhi to be completed within limitation period – Supreme Court

Re-assessment of Sonia/Rahul Gandhi in connection with Young Indian share allotment to be completed within limitation period but order not…

5 years ago
  • Income Tax

Appeal filed without paying tax due on returned income is defective not void – ITAT

Appeal filed without paying tax due on returned income is only defective not void. On payment of taxes even after…

5 years ago
  • Income Tax

Assumed Service of notice when it not received back was not proof of service on the assessee – ITAT

Assumed Service of notice when it not received back not accepted by ITAT as proof of service on the assessee.…

5 years ago
  • Income Tax

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed remanded for verification from Registrar

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed for amount of sale consideration remanded back for obtaining…

5 years ago
  • Income Tax

Complete time barring scrutiny assessments by 25th of December 2018 – CBDT direction

Complete time barring scrutiny assessments by 25th of December 2018 - CBDT direction to AOs over pendency of large number…

5 years ago
  • Income Tax

Thalassemia and Sickle Cell Society approved u/s 35 in the category of Scientific Research Association

Thalassemia and Sickle Cell Society approved u/s 35 of the Income-tax Act, 1961 in the category of Scientific Research Association MINISTRY…

5 years ago
  • Income Tax

Disallowance of 80IB deduction by passing rectification order u/s 154 quashed as AO took a conscious view

Disallowance of 80IB deduction by passing rectification order u/s 154 quashed as AO took a conscious and considered view to…

5 years ago
  • Income Tax

Scope of enquiry in limited Scrutiny cases selected on information provided by any law-enforcement, intelligence agency

Scope of enquiry in limited Scrutiny cases selected under CASS cycles 2017/2018 where information provided by any law-enforcement, intelligence agency-CBDT…

5 years ago