Income Tax

  • Income Tax

Quoting Aadhaar Number in Income Tax Return Compulsory. Existing PAN holders to intimate Aadhaar to ITD or PAN will become invalid

Quoting Aadhaar Number in Income Tax Return Compulsory. Existing PAN holders to intimate Aadhaar to Income tax Authorities or PAN…

7 years ago
  • Income Tax

Entire amount of undisclosed purchases can not be added as profit. In absence of information on sales, only profit element can be taxed – ITAT

Entire amount of undisclosed purchases can not be added as profit. In absence of information on sales of such purchases…

7 years ago
  • Income Tax

Cash Transaction Limit us 269ST reduced to Rs 2 lakhs -Revenue Secretary Tweet

Cash Transaction Limit us 269ST reduced to Rs 2 lakhs. As per Revenue Secretary tweet, Govt in official amendment to…

7 years ago
  • Income Tax

No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child on the direction of the Court-Law Commission

No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child…

7 years ago
  • Income Tax

TDS JAGRUKTA movie by DTRTI Kolkata by CBDT Member. Video is in English, Hindi, Bengali, Marathi, Gujarati, Punjabi, Telgu, Tamil & Kannad

TDS JAGRUKTA movie  TDS- JAGRUKTA a movie by DTRTI, Kolkata in English, Hindi, Bengali, Marathi, Gujarati, Punjabi, Telgu, Tamil &Kannad…

7 years ago
  • Income Tax

Procedure of TAN Application through SPICe Form No. INC-32 of MCA. CBDT Notification

Procedure of TAN Application through SPICe Form No. INC-32 of MCA   F.No.  Pr. DGIT(S)/ADG-2/TAN Application Notification/20992-21016 Government of India Ministry…

7 years ago
  • Income Tax

Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of business – ITAT

Advance for purchasing capital assets not deemed divided u/s 2(22)(e). It was a trade advance in the normal course of…

7 years ago
  • Income Tax

CIT-A not to reject new claims made first time on the ground that it was not raised before AO. Litigants can also forget vital issues while filing appeal – ITAT

CIT-A not to reject new claims made first time on the ground that it was not raised before AO. Litigants…

7 years ago
  • Income Tax

Mistake in Tax audit report-taxes can not be collected without authority of law. Authorities duty bound to consider merits – ITAT

Mistake in Tax audit report-taxes can not be collected without authority of law. It is bounden duty of authorities to…

7 years ago
  • Income Tax

Income Tax Department has published list of 29 tax defaulters in leading newspapers

Income Tax Department has published list of 29 tax defaulters in leading newspapers  Income Tax Department has published a list…

7 years ago