Income Tax

  • Income Tax

Having afforded a hearing AO can not attach assessees bank account straightway without passing speaking order

Having afforded a hearing, ITO can not attach assessee’s bank straightway without informing as to whether the stand taken by…

7 years ago
  • Income Tax

Comparable company having calendar year not usable for assessee following financial year-ITAT

Comparable company following calendar year for maintaining accounts can not be used in contrast to assessee following financial year ending…

7 years ago
  • Income Tax

e-TDS-TCS RPU version 2.2 for quarterly returns released. Download RPU

e-TDS/TCS RPU version 2.2 for TDS returns released by NSDL The New e-TDS/TCS Return Preparation Utility Ver. 2.2 released by NSDL today…

7 years ago
  • 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…

7 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…

7 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…

7 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…

7 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…

7 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…

7 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…

7 years ago