Income Tax

  • Income Tax

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not that of the AO-Allahabad HC Judgment

Limitation Period us 153-Contention was that ITAT had set aside Assessment order of CIT-A only and not order of the…

7 years ago
  • Income Tax

FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ

FAQ-Online Cash Deposit Transactions Response-Online response can be submitted by 15th Feb 2017. CBDT has issued 35 points FAQ for…

7 years ago
  • Income Tax

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions

CPC intimation us 143(1) applying MMR on AOP trust invalid as jurisdiction limited for disallowing only prima facie inadmissible deductions,…

7 years ago
  • Income Tax

Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments

Paperless Assessment proceedings-E-mail based communication. Review of performance. Revised format for reporting disposal of such assessments F.No. 225/267/2015 ITA-II Government…

7 years ago
  • CBDT

Honest tax­-payers will be treated with dignity and courtesy. Greater accountability and probity in actions taken by Income Tax Officers-CBDT

Honest tax­-payers will be treated with dignity and  courtesy. Greater accountability and probity in actions taken  by  Income Tax Officers-CBDT …

7 years ago
  • Income Tax

Framing Quality assessments in Income Tax. CBDT to monitor quality of assessments more closely. 10 cases to be reported from each range

Framing Quality assessments in Income Tax. CBDT to monitor quality of assessments more closely. 10 cases to be reported from…

7 years ago
  • Income Tax

Revision us 263-Use of word “appears” showed CIT was not sure how and in what manner the assessment order passed was without investigation-ITAT

Revision us 263-Use of word appears showed CIT was not sure as to how and in what manner the assessment…

7 years ago
  • Income Tax

TDS Surveys-Spot Verification where current year TDS is lower by 15% than corresponding period of last year to be examined

TDS Surveys-Spot Verification where current year TDS is lower by 15% than corresponding period of last year to be examined-CBDT…

7 years ago
  • Income Tax

BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take remedial action

BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action.…

7 years ago
  • Income Tax

CBDT signs four more unilateral APAs pertaining to Manufacturing, Financial and Information Technology sectors of the economy.

CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs)…

7 years ago