Non striking off clause in penalty notice u/s 271(1)(c) do not invalidate it. ITAT deviates from the Judgment of Karnataka…
Absence of dissolution clause-Registration 12AA can not be denied to a charitable Trust for no specific clause in the Trust…
Legal expenses claim of Salman Khan allowed in set aside proceedings by order of Commissioner of Income Tax under Revision…
TDS credit allowed despite income not offered to tax. House was soldby the husband to the wife who paid taxes…
Reopening us 147 on the basis of cash deposits in bank invalid as there was no basis to form reason…
Yoga also gives medical relief as per definition of charitable purpose us 2(15). Propagation of yoga was charitable purpose and…
Probative worth of Income Tax Proceedings qua lawfulness of the sources of income. SC rejects IT orders/assessment as proof against…
Expeditious refund issue high priority for CBDT. Over 4.19 crore ITRs processed and over 1.62 crore refunds issued during Current…
Operation Clean Money by Income Tax Department gets overwhelming response. More than 5.27 lakh taxpayers submitted response till 12-02-2017. Ministry…
Addition us 68 for accommodation entries-don't shoot the messenger. Addition restricted to commission earned on accommodation entries-ITAT ABCAUS Case Law…