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…
Reopening notice u/s 148 quashed as Revenue was indulging in fishing by way of scrutinizing again something that had been…
SoP for issue of notice for substantial cash deposit during demonetisation period. CBDT issues procedure for issue of notice u/s…
CBDT guidelines for applicability of section 143(1)(a)(vi) for ITR processing pertaining to ITR Forms 2-3-4-5 & 6 Government of India…
Department can file appeal notwithstanding Monetary Limits if issue decided by the CIT-Appeals or Tribunal is contrary to the judgments…