Assessee in default u/s 201 not absolved if the resident who receives the payment without TDS files a loss return.…
Cash redeposits claimed out of withdrawals unlikely if deposited in remote bank branches not near to the assessee’s office or…
Revised format of Income tax notices u/s 142(1)(ii) & (iii) The Directorate of Income Tax (Systems) has issued a Departmental…
Addition for cash deposit in joint bank account with grandfather upheld. High Court rejected the plea that the assessee was…
Authority for recording of satisfaction for grant of registration u/s 12AA-High Court upheld ITAT direction for registration of Charitable Institution.…
Provisions for exemptions u/s 10(23C) and 12AA are completely different and independent Rejection of former did not automatically result in…
Refund u/s Section 244A for delay in curing defects in TDS certificates-Commissioner of Income Tax is the final fact finding…
Penalty u/s 271AAA-what constitutes substantiating how undisclosed income was derived-High Court explains prerequisites of statement u/s 132(4) to avert penalty…
High Court interprets provisions of PMGKY Scheme 2016 and give equitable relief to the assessee without undermining the object and…
The Lok Sabha has today passed the Finance Bill 2018 without discussion amid protest by the opposition leding to the…