Income Tax

  • Income Tax

Assessee should get full opportunity at every stage of adjudication, tax laws are not penal – ITAT

Assessee should get full opportunity at every stage of adjudication. Tax laws are not penal and neither so rigid to…

6 years ago
  • Income Tax

No document required for change of gender to transgender for PAN correction request application online through NSDL or UTITSL

No document required for change of gender to transgender for PAN correction request application online through NSDL or UTITSL As…

6 years ago
  • Income Tax

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty years -ITAT

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty…

6 years ago
  • Income Tax

Finance Ministers Award for Income Tax Day on 24th July 2018

Finance Ministers Award for Income Tax Day on 24th July 2018 The Central Board for Direct Taxes (CBDT) has asked all…

6 years ago
  • Income Tax

Meaning of findings and directions for limitation period of reopening notice u/s 150(1)

Meaning of findings and directions for limitation period of reopening notice u/s 150(1). ITAT quashed re-assessment as CIT-A made an…

6 years ago
  • Income Tax

Reopening assessment on information of plot purchase quashed as lease deed was already with AO – HC

Reopening assessment on information of plot purchase quashed as lease deed was already with AO and the fact was known…

6 years ago
  • Income Tax

Should ITR dates be extended for non availability of e-forms for AY 2018-19 on e-filing portal?

Do you agree with demand that ITR dates should be extended for non availability of e-forms for AY 2018-19 on…

6 years ago
  • Income Tax

Chartered Accountant held guilty u/s 278 for abating firm to evade tax by signing accounts without verifying stock

Chartered Accountant held guilty u/s 278 for abating firm to evade tax by signing accounts without verifying the stock statement…

6 years ago
  • Income Tax

Amendment to section 40(a)(ia) by Finance Act, 2010 being curative in nature are retrospective-SC

Amendment to section 40(a)(ia) by Finance Act, 2010 being curative in nature are retrospective i.e., from the date of insertion…

6 years ago
  • Income Tax

Waiver of loan not cessation of trading liability u/s 41(1). Section 28 (iv) not apply to cash benefits-SC

Waiver of loan not cessation of trading liability u/s 41(1). Provision of Section 28 (iv) do not apply to benefits…

6 years ago