Exemption u/s 54B-Use of land for agricultural purposes for full two years not necessary. Even if only Kharif crop was…
CPC-advisory for 26AS Tax Credits for TDS on Sale of Immovable Property u/s 194IA (26QB Statement)-Avail Benefit of CPC(TDS) Analytics…
Second Time Correction on critical fields in 26QB Form is now available for Taxpayers on TRACES with respect to tax…
Carried forward depreciation set off with short term capital gain u/s 50 is allowed in view of the amended provisions…
Advances converted into reserves not cessation of liability u/s 41(1). Pre-conditions / Tests to be applied for applicability of the…
Tax Appeal to High Court-what constitutes Substantial Question of Law ? The First Appellate Authority under the Income Tax…
Number of Taxpayers added after Demonetization-clarification on media reports on different figures given at PM Speech, FM Statement, Rajya Sabha…
Non-renewal of THC cannot deprive supporting manufacturer of deduction u/s 80HHC(1A). Lgislative intent is to extend benefit either to exporter…
Promotion and posting in the grade of Principal CIT-CBDT Order. List of 68 officers promoted , 60 new postings and…
Penalty us 271(1)(b) for failure to file return u/s 153C. Provisions of section 271(1)(b) does not empower AO to impose…