ITAT duty bound to grant relief even if no specific ground raised. Even without alternative submission, Tribunal must pass consequential…
Fund Manager Rules 10V amendment. Connected person and remuneration paid u/s 9A of Income-tax Act. MINISTRY OF FINANCE (Department of…
Keyman Insurance Policy of partner of firm allowable as business expenditure. CBDT accepts various High Court Judgments on the subject.…
Demonetised notes not unexplained money us 69A-No penalty 271(1)(c) for concealment warranted-High Court Judgment on 1978 Demnetisation The recent demonetisation…
Security deposit written off allowed as business loss us 37(1) even though rent security w/o in books was claimed wrongly…
Sikkim connection of Demonetisation Scheme Tax Evasion. No income tax payable by Sikkimese person u/s 10(26AAA) of Income Tax Act,…
Penalty us 221(1) on tax due as per revised return of income. It is not correct to levy penalty on…
CIT-A can decide appeal against CIT revision order us 263 when no direction given to make assessment in a particular…
Not get lured by black money converters and be a crime partner. CBDT warns people allowing their bank accounts to…
Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri It is…