Income Tax

  • 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…

7 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…

7 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…

7 years ago
  • Income Tax

Reimbursement of expenses not income though TDS was deducted on such payments -High Court

Reimbursement of expenses not income though TDS was deducted on such payments u/s 194C or 194H as contract/commission payments -High…

7 years ago
  • Income Tax

Income of SEEPZ Special Economic Zone Authority notified as exempt u/s 10(46) of Income Tax Act, 1961

Income of SEEPZ Special Economic Zone Authority notified as exempt  Under section 10(46) of the Income Tax Act, 1961, the…

7 years ago
  • 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…

7 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…

7 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…

7 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…

7 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…

7 years ago