CBDT issues Income Tax Central Action Plan 2018-19. 1250000 new return filers to be added The CBDT has issued the…
Revision u/s 263 upheld as AO had not formed any opinion but erroneously allowed the capital expenses as revenue causing…
Amendment to forms of application for obtaining advance ruling in Form No. 34C, 34D for quoting identification number of non-resident…
Section 54 Exemption not require utilisation of sale proceeds of original capital asset only. Investment out of bank loan and…
CBDT asks for withdrawal of Income Tax Appeals in accordance with revision of monetary limits as per Circular No.3/20 18…
Ex parte penalty order passed ignoring adjournment application filed set aside as the CIT-A had never ever bothered to peruse…
Sale of Edible white button mushroom held as agricultural income exempt u/s 10(1). Soil even when separated from land continues…
Expenses on Business Management Course abroad for directors son held as not incurred wholly and exclusively for the purpose of…
Significant Economic Presence of a non resident in India u/s 9(1)(i)-CBDT invites comments and suggestions on threshold limits of transaction…
Deduction u/s 80IA claimed in return filed after issue of notice u/s 153A allowable. Supreme Court dismisses SLP of ITD.…