Income Tax

  • Income Tax

Doubtful advances written off treated as provisions not allowable expenditure in contrast to bad debts

Doubtful advances written off treated as provisions not allowable expenditure u/s 37(1) in contrast to bad debts w/o u/s 36(i)(vii)…

7 years ago
  • Income Tax

Revised format of income-tax notices u/s 143(2) for e-proceedings

Revised format of income-tax notices u/s 143(2) for e-proceedings under Limited/Complete Scrutiny under CASS and Compulsory Manual Selection Issue of…

7 years ago
  • Income Tax

Mere third party statement of accommodation entries not sufficient to reopen assessment

Mere third party statement of accommodation entries not sufficient to reopen assessment in the absence of any nexus of statement…

7 years ago
  • Income Tax

Furnishing of PAN related information to National Intelligence Grid

Furnishing of PAN related information to National Intelligence Grid. CBDT authorises DGIT-Systemsfor to furnish bulk information to NATGRID TO BE…

7 years ago
  • Income Tax

Application for Advance Pricing Agreement Form No 3CED Amendment, Particulars of the Associated Enterprises/Parent Companies

Application for Advance Pricing Agreement Form No 3CED Amendment, Particulars of the Associated Enterprises/Parent Companies MINISTRY OF FINANCE (Department of…

7 years ago
  • Income Tax

Appeal before CIT rejected for not filed electronically remanded for reconsideration by removing defect

Appeal before CIT rejected for not filed electronically remanded. Sufficient time to be given to assessee to remove defect by…

7 years ago
  • Income Tax

Rule 10CB-Computation of interest income under secondary adjustments – CBDT Notification

Rule 10CB-Computation of interest income under secondary adjustments. Time limit for repatriation of excess money u/s 92CE (2) to be…

7 years ago
  • Income Tax

No Addition for upto 10 percent difference in DVOs report and investment shown by the assessee-ITAT

No Addition for upto 10 percent difference in DVOs report and the amount of investment shown by the assessee which…

7 years ago
  • Income Tax

Foreign company resident in India u/s 115JH of the Income-tax Act 196-Draft Notification by CBDT

Foreign company resident in India u/s 115JH of the Income-tax Act 1961 Draft Notification Government of India Ministry of Finance…

7 years ago
  • Income Tax

Effective assessment through use of departmental database-Task Force Constituted to implement recommendations

Effective assessment through use of departmental database-Task Force Constituted to implement recommendations of the Committee and to submit report by…

7 years ago