Operation Clean Money Phase-II Enforcement action in high risk cases to be taken i.e.; verification, search, survey, scrutiny - Finance…
Business or House Property income-Onus was on assessee to show that out of income or substantial income was from letting…
FAQ-Salary TDS Return for 4th Quarter 24Q4 by NSDL. 10 Questions answered including Annexure-II reporting requirement for 4th quarter. FAQ-Salary…
Bogus purchase disallowance reduced from loss declared by the assessee as the purchases were related to the same business only…
Bogus Purchase-profit already disclosed to be reduced from profit rate applied. AO was directed to give credit for disclosed profit…
Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds by the ITAT as the Income Tax…
Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law - ITAT…
Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court in…
Order quashed for not deciding objections to reopening u/s 147. The objections filed by the assessee were not decide in…
Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment -…