Income Tax

  • 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
  • Income Tax

Affidavit statement has to be taken as correct unless controverted by material filed by other party to counter the statement made therein – ITAT

Affidavit statement has to be taken as correct unless controverted by material filed by other party to counter the statement…

7 years ago
  • Income Tax

CBDT Chairman expresses dissatisfaction over recovery of demand and arrears as compared to Action Plan targets

CBDT Chairman expresses dissatisfaction over recovery of demand and arrears  CBDT Chairman Shri Sushil Chandra in his latest department letter…

7 years ago
  • Income Tax

False return filed by loan consultant send to handwriting expert for verification of the signature of the assessee on ITR-V

False return filed by loan consultant send to handwriting expert for verification of the signature of the assessee found on…

7 years ago
  • Income Tax

Guidelines for condonation of delay in appeal filing by Supreme Court and Calcutta High Court.

Guidelines for condonation of delay in appeal filing by Supreme Court and Calcutta High Court. In a recent judgment ITAT…

7 years ago
  • Income Tax

Rollback provision in revised India-Korea Double Taxation Avoidance Agreement (DTAA) – CBDT Clarification

Rollback provision in revised India-Korea DTAA-CBDT Clarification. Applications for bilateral APA for international transactions with Associated Enterprises  Clarification by Central…

7 years ago
  • Income Tax

PMGKDS 2016 Form V reference number to be quoted on while uploading the same renamed as Deposit Reference Number- RBI

PMGKDS 2016 Form V reference number to be quoted on while uploading the same renamed as Deposit Reference Number- RBI…

7 years ago
  • Income Tax

Original Assessment order merged with CIT order passed u/s 264. AO could not have rectified its original order passed u/s 147 – ITAT

Original Assessment order merged with CIT order passed u/s 264. AO could not have rectified its original order passed u/s…

7 years ago
  • Income Tax

Section 68 applicability to share premium or share application money upheld by Calcutta HC

Section 68 applicability to share premium or share application money upheld. Section is widely worded to include capital account receipts-Calcutta…

7 years ago
  • Income Tax

Disallowance us 14A(2)-AO need not resort to Rule 8D always. AO is entitled to invoke section 14A(2), Rules cannot prevail over the Act – ITAT

Disallowance us 14A(2)-AO need not resort to Rule 8D always. AO is entitled to make disallowance u/s 14A(2), Rules cannot…

7 years ago