Income Tax

  • Income Tax

No concealment penalty can be levied for only change of head of income – ITAT

No concealment penalty can be levied for only change of head of income - ITAT deleted penalty for change head…

6 years ago
  • Income Tax

No penalty u/s 271(1)(b) leviable in case of change of counsel resulting in non compliance – ITAT

No penalty u/s 271(1)(b) leviable in the case of change of counsel resulting in non compliance of notices- ITAT deleted…

6 years ago
  • Income Tax

Cash deposits in bank out of withdrawal made two years back-ITAT quashed addition u/s 69

Cash deposit in bank out of withdrawal made two years back-Revenue authorities can not dictate what assessee should do with…

6 years ago
  • Income Tax

Ex parte order passed without considering e-mail sent to AO restored by ITAT

Ex parte order passed without considering e-mail sent to Assessing Officer and CIT(A) restored back to AO by ITAT  ABCAUS…

6 years ago
  • Income Tax

Penalty imposed by Supreme Court for illegal mining held compensatory in nature

Penalty imposed by Supreme Court for illegal mining held compensatory in nature and allowed as business expenditure u/s 37(1) of…

6 years ago
  • Income Tax

In an e-proceeding case, assessee can not submit reply by email. FAQ on issues and solution for working smoothly on ITBA

In an e-proceeding case, assessee can not submit reply by email. FAQ on issues and solution for working smoothly on…

6 years ago
  • Income Tax

Amendment of Rules 2C, 2CA and 11AA and Form Nos. 10G, 56 and 56G of the Income-tax Rules, 1962 – Draft Notification

Draft Notification proposing Amendment of Rules 2C, 2CA and 11AA and for Nos. 10G, 56 and 56G of the Income-tax Rules,…

6 years ago
  • Income Tax

No penalty u/s 272A(2)(k) for delay in filing TDS returns due to technical glitches when tax deposited in time

No penalty u/s 272A(2)(k) for delay in filing TDS returns when tds was deposited in within time and delay was…

6 years ago
  • Income Tax

Application for grant of certificates u/s 197 for lower/nil TDS/TCS to be filed electronically

Application for grant of certificates u/s 197 for lower or no deduction / collection of income-tax to be made electronically…

6 years ago
  • Income Tax

Mere fall in net profit rate by itself no ground to increase it as compared to the preceding years

Mere fall in net profit rate by itself no ground to increase profit rate as compared to the preceding assessment…

6 years ago