Cash sale of agricultural produce by cultivator to traders for an amount less than Rs 2 Lakh not attract disallowance…
Refund granted should be adjusted first towards interest component and balance left if any shall be adjusted towards the tax…
Addition based on judicial precedence in other cases unsustainable without first addressing the factual inadequacy of assessee’s explanation - ITAT…
Cash received over and above land registry price treated as capital gain for taxation purpose. Addition on account of unexplained…
Adding new source of income by CIT-A is beyond his powers u/s 251 of Income Tax Act if such new…
Supreme Court explains scope and interpretation of Section 44BB of the Income Tax Act 1961. Provisions of Sections 5 and…
Income Tax Rules 10DB and 10DA-Information/documents to be maintained under proviso u/s 92D(1), Furnishing of Report in respect of an…
CBDT promotes 86 Additional CITs to the grade of Commissioner of Income Tax CBDT promotes 86 Additional CIT to the…
Reassessment quashed for being a change of opinion when view and opinion formed by AO in original assessment were doubted…
Registration u/s 12AA-Document evidencing creation of Trust could be of any type. Trust can be created even orally and if…