Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source…
Fixed Deposit interest income during pre-operative period taxable as income from other sources and can not be set off against…
Voluntarily charity not business expenditure u/s 37(1). Mere assertion that it was incurred for business cannot be accepted without establishing…
Adding another person as representative in income tax website for reasons -being absent from India, non-resident or any other Reason-User…
Permission for non-agricultural use not make land non-agricultural liable to capital gain tax when it was proved beyond doubt that…
CBDT Clarification on furnishing SFT form 61A and Preliminary Response to Nil specified transaction for the year Government of IndiaMinistry…
Committee to recommend measures for expeditious recovery of tax arrears. CBDT constitutes 7 members committee to study and analyse the…
Distinction between statements us 132(4) and 133A explained by Delhi High Court. Quashing of reopening of concluded assessments of earlier…
More than 400 benami transactions identified including bank deposits, plots of land, flat and jewellery. 24 dedicated Benami Prohibition Units…
Revision order us 263 on conducting additional enquiry on different pattern when AO conducted adequate enquiry and took view permissible…