Income Tax

  • Income Tax

Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds as ITD failed poorly to prosecute on legal grounds.

Penalty us 271(1)(c) for black money in Swiss bank deleted on legal grounds by the ITAT as the Income Tax…

7 years ago
  • Income Tax

Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law – ITAT

Refusal to grant registration us 12AA for not contesting earlier rejections is contrary in the eyes of law - ITAT…

7 years ago
  • Income Tax

Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court

Sale of listed shares held more than 12 months treated capital gain not business income by Allahabad High Court in…

7 years ago
  • Income Tax

Order quashed for not deciding objections to reopening u/s 147

Order quashed for not deciding objections to reopening u/s 147. The objections filed by the assessee were not decide in…

7 years ago
  • Income Tax

Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment – ITAT

Wife share in house purchased from savings and stridhan accepted by deleting addition made u/s 69B as unexplained investment -…

7 years ago
  • Income Tax

Quoting Aadhaar Number for PAN Linking exemptions u/s 139AA

Quoting Aadhaar Number for PAN Linking exemptions u/s 139AA. Provisions not to apply to super senior citizen and other specified…

7 years ago
  • Income Tax

Printing and distribution of text books is connected to education and not advancement of any other object of general public utility u/s 2(15) – Delhi HC

Printing and distribution of text books is connected to education and not advancement of any other object of General Public…

7 years ago
  • Income Tax

Draft ICDS on Real Estate Transactions-CBDT invites comments.

Draft ICDS on Real Estate Transactions-CBDT invites comments. Draft ICDS is based on the Guidance Note issued on Real Estate…

7 years ago
  • Income Tax

PAN linking with Aadhaar by taxpayers made easy by Income Tax Department

PAN linking with Aadhaar by taxpayers made easy by Income Tax Department. The Income Tax Department has made it easy…

7 years ago
  • Income Tax

AO power to extend time for submission of special audit report u/s 142(2A). Power of suo moto extension was inserted from 01-04-2008 only-Delhi HC

AO power to extend time for submission of special audit report u/s 142(2A). Power of suo moto extension was inserted…

7 years ago