Direct Tax Collections up to February 2017 show Growth of 10.7%. Government of India Ministry of Finance Department of…
No Section 54F exemption if construction not started within time prescribed. Development charges paid not start of construction-Allahabad HC In…
ITAT lacks power to dismiss appeal without adverting to merits -Allahabad High Court In a recent judgment, the Hon’ble Allahabad…
India-Belgium DTAA and Protocol amendment signed for Avoidance of Double Taxation and Prevention of Fiscal Evasion of Taxes on Income …
Deduction us 54B for land purchased in wife’s name disallowed by ITAT following the judgment of Punjab & Haryana High…
Notice us 271(1)(b) on printed format with tick mark without striking off the non applicable clause quashed on the ground…
Royalty and fee for technical assistance held revenue expenditure not capital as on termination of agreement all rights of the…
CBDT Chairman asks prosecution proceedings initiation against entry operators, bogus LTCG claimants, cases rejected by Settlement Commission etc. GOVERNMENT OF…
Section 68 additions not applicable to deposits in bank. The bank Pass Book or bank statement are not books of…
CBDT Chairman asks for close monitoring of collections through advance tax, TDS and recovery from arrears and current demand on…