Income Tax

  • Income Tax

CBDT to get 1 Percent of additional revenue generated during fiscal year 2006-07 and subsequent years

CBDT to get 1 percent incentive of additional revenue generated during fiscal year 2006-07 and subsequent years to augment infrastructure…

7 years ago
  • Income Tax

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act -ITAT

Agreement for the supply of equipments-No TDS deductible u/s 194C of Income Tax Act as per provisions of law, case…

7 years ago
  • Income Tax

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal pending before CIT(A) is deemed withdrawn

On making valid declaration under Direct Tax Resolution Scheme 2016, appeal in respect of the disputed income pending before CIT(A)…

7 years ago
  • Income Tax

CBDT signs 4 more APAs during August 2017 making total number of APAs to 175

CBDT signs 4 more APAs during August 2017 making total number of APAs to 175 Press Information Bureau Government of…

7 years ago
  • Income Tax

Deduction u/s 80IC denied for delay in filing return allowed by High Court. CBDT Order set aside

Deduction u/s 80IC denied for delay in filing return allowed by High Court. CBDT Order u/s 119(2)(b) denying to condone…

7 years ago
  • Income Tax

Local puja and festival committees donations held business expenditure paid to avoid confrontation and smooth running of business

Local puja and festival committees donations allowed as business expenditure as those contributions were paid to avoid confrontation and to…

7 years ago
  • Income Tax

Registration 12AA cannot be denied on the ground of dissolution clause – ITAT

Registration 12AA cannot be denied on the ground of dissolution clause not providing transfer of income and assets to another…

7 years ago
  • Income Tax

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 – ITAT

Disallowance u/s 14A read with Rule 8D beyond scope of rectification u/s 154 as the issue relating to applicability of…

7 years ago
  • Income Tax

Non-furnishing reasons for reopening vitiated the assessment proceedings in law-High Court

Non-furnishing reasons for reopening vitiated the assessment proceedings in law. If assessee did not repeat request cannot mean that he…

7 years ago
  • Income Tax

Reopening approval by an officer superior to Joint Commissioner invalid u/s 151(2) of the Income Tax Act

Reopening approval by an officer superior to Joint Commissioner invalid. Approval by a superior officer do not satisfy the requirement…

7 years ago