Income Tax

  • Income Tax

Condonation of delay in submission of ITR-V or EVC within 120 days by providing reason

Condonation of delay in submission of ITR-V or EVC within 120 days by providing reason for delay at income tax…

6 years ago
  • Income Tax

How to change wrong personal details filled in ITR i.e. Bank Account, Address, Mobile number and e-mail

How to change wrong personal details filled in income tax return. For wrong personal details (i.e. Bank Account, Address, Mobile number…

6 years ago
  • Income Tax

Approval by CIT even before recording reasons by AO for reopening u/s 147 not void -High Court

Approval by CIT even before recording reasons by AO for reopening u/s 147 may reflect premature approval but need not…

6 years ago
  • Income Tax

Construction-improvement on leased building-Revenue or capital expenditure. Enduring benefit not conclusive test-High Court

Expenditure on Construction and improvement on leased building-Revenue or capital. Enduring benefit cannot be a conclusive test and it cannot…

6 years ago
  • Income Tax

Interest on bank fixed deposit not credited to account taxable on mercantile basis-High Court

Interest on bank fixed deposit not credited to account taxable on mercantile basis. It is no defense that TDS was not…

6 years ago
  • Income Tax

Income Tax Department advisory to deduct and pay TDS on rent u/s 194IB

Income Tax Department advisory to deduct and pay TDS on rent u/s 194IB under which individual/HUF are obliged to deduct…

6 years ago
  • Income Tax

Income Tax notice can be served on address available on the records of govt, , bank, post office, insurance companies etc.

Income Tax notice can now be served at address available on the records of govt, , bank, post office, insurance…

6 years ago
  • Income Tax

Gratuity provision allowed even though fund was approved by Commissioner in next year

Gratuity provision allowed even though fund was approved by Commissioner in next year.  Assessee cannot be denied benefit merely for…

6 years ago
  • Income Tax

Presumption u/s 132(4A)-No further proof of expenses recorded in books seized was required-HC

Presumption u/s 132(4A)-No further proof u/s 37 of expenses recorded in books seized was required as department failed to rebut…

6 years ago
  • Income Tax

Tax component of tax free salary is taxable as salary u/s 195A, not income from other sources-HC

Tax component of tax free salary is taxable as salary not income from other sources under section 195A which provides…

6 years ago