Income Tax

  • Income Tax

Income Tax steps-up actions against Benami Property Transactions

Income Tax Department steps-up actions under Prohibition of Benami Property Transactions Act. Benami properties of more than Rs. 3,500 crore…

6 years ago
  • Income Tax

How to submit response to intimation u/s 143(1)(a)(vi) for mismatch of income from 26AS Form-16 or 16A-CBDT circular

How to submit Taxpayers response to intimation u/s 143(1)(a)(vi) for mismatch of income from 26AS Form-16 or 16A. CBDT circular…

6 years ago
  • Income Tax

Assessment made without notice u/s 143(2) where ITR-V not received within 30 days invalid-High Court

Assessment made without notice u/s 143(2) where ITR-V not received within 30 days can not be sustained. The extended period of…

6 years ago
  • Income Tax

Special Audit u/s 142-2A relying upon the audit Reports of CAG without recording detailed reasons not sustainable-HC

Special Audit u/s142-2A relying upon the audit Reports of CAG without recording detailed reasons not sustainable.  Order passed must show…

6 years ago
  • Income Tax

India-Brazil DTAA amended protocol effective from 06-08-2017

India-Brazil DTAA amended protocol effective from 06-08-2017 The Protocol, amending the Convention and the Protocol between the Government of the…

6 years ago
  • Income Tax

Company under corporate insolvency resolution process given relied under MAT

Company under corporate insolvency resolution process given relied under MAT - Total loss brought forward shall be allowed to be…

6 years ago
  • Income Tax

CBDT Circular-TDS on Salaries for FY 2017-18

Deduction of Tax at Source from Salaries u/s 192 of the Income Tax Act, 1961 for FY 2017-18-CBDT Circular Under…

6 years ago
  • Income Tax

Share application money circular transaction addition u/s 68 deleted where loan creditors had subscribed

Share application money circular transaction addition u/s 68 deleted where loan creditors had subscribed out of the loans repaid by the company-ITAT…

6 years ago
  • Income Tax

Change in head of income not permissible u/s 153A if no incriminating material is found during search-ITAT

Change in head of income not permissible u/s 153A if no incriminating material is found during the search-ITAT Prelude: Section…

6 years ago
  • Income Tax

Income Tax to file request for restoration of struck off companies name where proceedings are pending

Income Tax to file request for restoration of struck off companies name where assessment, penalty, appellate, or prosecution proceedings are…

6 years ago