Very short period of appearance given to assessee violated principles of natural justice. ITAT set aside order passed by CIT…
Conditions u/s 80IA are disjoint not cumulative. Conditions stipulated under section 80IA(4)(i) and 80IA(4)(iv) are held as disjointed by the…
Task Force constituted for drafting New Direct Tax Legislation as PM observed that the Income-tax Act 1961 was drafted 50…
Commissioner can not dismiss revision petition/s 264 on the ground that in assessee’s case similar issue was subject matter of…
Destruction of Pan Masala stock on court's order due to impermissible limits of magnesium carbonate disallowed u/s 37(1) being prohibited…
No deemed dividend u/s 2(22)(e) where personal property pledged as collateral security for enabling the company to obtain loan/credit facilities…
Voluntary disclosure in all cases cannot absolve liability of concealment penalty. High Court confirmed penalty u/s 271(1)(c) for deferral/avoidance of…
Draft notification under section 115JG (1) of Income-tax Act 1961 in respect of conversion of Indian branch of foreign bank…
Transfers and postings in the grade of Additional-Joint Commissioner of Income Tax. CBDT Order F. No. A-22012/2/2017-Ad-VI Government of India…
Postings-transfers in the grade of Assistant/Deputy Commissioner of Income Tax-CBDT Order F. No. A-22013/1/2017-Ad-VI Government of India Ministry of Finance…