Income Tax

  • Income Tax

Google India gets relief in deposit against income tax demand from High Court.

Google India gets relief in deposit against income tax demand from High Court. The High Court reduced the deposit to…

7 years ago
  • Income Tax

Disallowance u/s 37 for legal fee paid in excess of damages received in the relevant case deleted

Disallowance u/s 37 for legal fee paid in excess of damages received in the relevant case deleted. Profit in immediate…

7 years ago
  • Income Tax

Travelling Expenses claimed us 57 did not attract concealment penalty – High Court

Travelling Expenses claimed us 57 did not attract concealment penalty particularly when untenable claim was made on the advice of…

7 years ago
  • Income Tax

Increase of 25% in number of ITRs filed due to demonetization and Operation Clean Money

Increase of 25% in number of ITRs due to demonetization and Operation Clean Money. Advance Tax (Personal Income Tax) collections…

7 years ago
  • Income Tax

Check if your PAN is active or wrongfully deactivated by Income Tax. How to re-activate PAN?

Know if your PAN is active or wrongfully deactivated. How to reactivate your PAN if wrongly deactivated/cancelled by Income Tax…

7 years ago
  • Income Tax

Penalty for failure to pay advance income tax by trust claiming exemption u/s 11 upheld by High Court

Penalty for failure to pay advance income tax by trust claiming exemption u/s 11 upheld when for last forty years,…

7 years ago
  • Income Tax

For registration u/s 12AA only objects and genuineness of activities are relevant considerations

For registration u/s 12AA only objects and genuineness of activities are relevant considerations. Failure to prove genuineness of donation or…

7 years ago
  • Income Tax

Kerala High Court allows Petitioner manual ITR filing without Aadhaar-Enrolment ID

Kerala High Court allows Petitioner manual ITR filing without Aadhaar-Enrolment ID The Hon'ble Kerala High Court has directed the Income…

7 years ago
  • Income Tax

Statements recorded u/s 132 (4) do not constitute incriminating material by themselves – High Court

Statements recorded u/s 132 (4) do not constitute incriminating material by themselves for the assumption of jurisdiction under Section 153A…

7 years ago
  • Income Tax

LPG Bottling activity amounts to production under Income Tax sections 80HH, 80-I and 80-IA-SC

LPG Bottling activity amounts to production under sections 80HH, 80-I and 80-IA-Supreme Court. The word production is wider than the…

7 years ago