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…
Penalty 271(1)(c) for claiming higher Housing Loan Interest deduction u/s 24(b) deleted. The AO did not detect mistake but noticed…
Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the…
FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ for…