Penalty limitation period not gets extended if appeal is withdrawn by the Department. Appeal means an effective appeal and an…
Assessment started in the name of non existing company and completed in the name of new company resulting from merger…
The assessee entitled to claim deduction u/s 80HH with respect for profits derived from processing of cashew in the factories…
ITAT rejected cash flow statement for no household drawings made. Addition u/s 68 sustained for estimated amount of household drawings…
Do you have a Permanent Account Number (PAN) ? Income Tax Advisory Income Tax Department has issued a latest video…
Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed sale consideration and order…
Disallowance u/s 40A(3) for cash payment to BSNL deleted as BSNL is a State and payments were made for business…
Concealment penalty u/s 271(1)(c) deleted on humanitarian grounds as the assessee had died, his business was closed and his widow…
No scope for imposing penalty u/s 271A in the case of Civil Contractor which is covered u/s 44AA(2) and is…
CBDT crosses milestone of 200 APA. With entering into 7 more Advance Pricing Agreements in February, 2018, the total number…