Applicability of Presumptive Tax if actual profit is more than presumptive income. Shifting from salary to professional receipts to take…
Revenue Department exceeds Revised Tax Collections target for 2016-17 Ministry of Finance Revenue Department exceeds Revised Tax Collections target for…
TDS return filing not require directors personal time-Penalty for Late filing confirmed. Timely filing could have been done by hiring…
Draft Notification us 10-38 for non applicability of STT condition for claiming exemption from LTCG sale of equity share Government…
Procedure for e-communication and e-proceedings by Income Tax Department. Assessee can opt out of e-Proceeding. DGIT(S)/DIT(S)-3/ AST/Paperless Assessment Proceedings/96/2015-16 Government…
Carry forward of loss for belated return with positive income not allowed. Section 80 not use word 'return of loss',…
Option form 3CFA for taxation of income from patent us 115BBF MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF…
Fair rental value estimated by Income Tax Inspector disapproved by ITAT. FMRV ordered to be ascertained u/s 23(4) by applying…
Land within municipal limits can not be treated agricultural based on revenue record. Revision u/s 263 upheld for assessment based…
Revision us 263 on reasons unconnected with grounds of reopening which was for specific purpose. Calcutta High Court upholds revision…