AO bound to furnish reopening reasons recorded us 147 within a reasonable time for initiation of reassessment proceedings u/s 147/148…
Addition us 68 remanded back by ITAT for short time lag between inquiry initiation and conclusion when the evidence was…
Gift received from Step Father not taxable us 562vi as income from other sources. The Explanation to section 56(2) would indicate…
Bad Debts written off as irrecoverable must form part of income. The assessee can claim bad debts by just writing off…
ICAI income exempt us 11. The institute is an educational institute and its coaching activities falls within the meaning of…
Rented Building Renovation-Repair Expenses are Current Repairs allowable u/s 30. Accumulated repairs not allowed only when assessee owns building, as…
House Property Rent or Business Income-Activity not ownership is decisive. ITAT Chennai, following Supreme Court Judgment upheld bifurcation of rent…
Installation services integral to contract not FTS under DTAA. This was held by Delhi High Court in a recent judgment…
Income Declaration Scheme 2016 Download Form1 Java Utility Form 1 is available for e-Filing. To download Form 1, Go to…
PAN Card Application Revised Fee from 01/06/2016 As per NSDL notice, the PAN Card application fees have been revised after Krishi…