Income Tax

  • Income Tax

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally CBDT Circular 18/2017

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally and who are also statutorily not required  to…

7 years ago
  • Income Tax

Age of Chairperson ViceChairperson Members of Tribunal Appellate Tribunal other Authorities – Amendment

Age of Chairperson ViceChairperson Members of Tribunal Appellate Tribunal other Authorities - Amendment to section 184 of Finance Act 2017…

7 years ago
  • Income Tax

Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld

Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source…

7 years ago
  • Income Tax

Fixed Deposit interest income during pre-operative period taxable as income from other sources – ITAT

Fixed Deposit interest income during pre-operative period taxable as income from other sources and can not be set off against…

7 years ago
  • Income Tax

Voluntarily charity not business expenditure u/s 37(1). Mere assertion that it was incurred for business not acceptable – ITAT

Voluntarily charity not business expenditure u/s 37(1). Mere assertion that it was incurred for business cannot be accepted without establishing…

7 years ago
  • Income Tax

Adding another person as representative in income tax website -User Manual/Guide

Adding another person as representative in income tax website for reasons -being absent from India, non-resident or any other Reason-User…

7 years ago
  • Income Tax

Permission for non-agricultural use not make land non-agricultural and liable to capital gain tax – ITAT

Permission for non-agricultural use not make land non-agricultural liable to capital gain tax when it was proved beyond doubt that…

7 years ago
  • Income Tax

CBDT Clarification on furnishing SFT form 61A & Preliminary Response to report Nil specified transaction

CBDT Clarification on furnishing SFT form 61A and Preliminary Response to Nil specified transaction for the year Government of IndiaMinistry…

7 years ago
  • Income Tax

Committee to recommend measures for expeditious recovery of tax arrears. CBDT constitutes 7 members committee

Committee to recommend measures for expeditious recovery of tax arrears. CBDT constitutes 7 members committee to study and analyse the…

7 years ago
  • Income Tax

Distinction between statements us 132(4) and 133A explained by Delhi High Court

Distinction between statements us 132(4) and 133A explained by Delhi High Court. Quashing of reopening of concluded assessments of earlier…

7 years ago