Refusal of registration us 12A to society of close family members or on the ground that it will charge fee…
DTAA between India and Cyprus. Completion of internal procedures for revised agreement on taxes on income, along with its Protocol…
Unpaid audit fee was not income u/s 41(1) even if confirmation letter not produced as no expenditure was claimed in…
ITBA e-Nivaran Income Tax Instruction No. 3 by Directorate of Systems. Enhancements and improvements made to e-Nivaran Module , Directorate…
Revised Income Tax Return post demonetisation to manipulation income, cash-in-hand, profits etc. to attract scrutiny penalty & prosecution-Finance Ministry Government…
Additions ignoring peak credit amounts to double taxation if there is no material to show cash withdrawals could not have…
Peak Credit theory additions apply for unexplained cash deposits or where assessee fails to give satisfactory explanation and amount is…
Peak Credit theory additions ordered despite details not provided, evidence not furnished for the purposes of withdrawals from bank account-ITAT…
No re-opening of earlier years cases due to digital payments leading to increased turnover in a particular year. Circular No.…
Direct Tax Collections November 2016 show 15-12 percent Growth. Personal Tax and Corporate Tax up by 11.22% and 22.41% respectively…