Annual General Transfer List in the grade of ACIT-DCIT of Income Tax. Request Cases number 215 Relaxation Cases number 55…
Lack of enquiry or inadequate enquiry. Revision u/s 263 quashed by ITAT applying the large number of judgments of High…
Salary recovered for notice period not taxable salary us 16 as per agreement with the employers when actually assessee had…
Removal of Cyprus from list of notified jurisdictional areas us 94A of the Income-tax Act retrospectively from 01.11.2013-Clarification Removal of…
Disallowance of interest for drawings out of cash credit account deleted as despite drawings closing balance of capital was more…
Do not visit CBDT Office for transfers and postings. Income Tax Officers have been advised to forward their request to…
Slump Sale of entire running business was LTCG us 48(2). Sale in one go with assets and liabilities cannot be…
No concealment penalty on return revision made before issue of notice u/s 148 though after initiation of investigation in tax…
Concealment means positive act on part of the assessee and the onus to prove is on Revenue. Penalty can not…
Sales Promotion expenses allowed based on percentage to sales when such expenses were allowed on similar ratio in preceding year.…