Second reopening notice u/s 148 issued without completing earlier reassessment proceedings is invalid ABACUS Case Law CitationABCAUS 3370 (2020) (08)…
Capital gain to be computed first applying exemption and then provisions for set off of capital loss ABACUS Case Law…
Income Tax Department conducts searches in Bhopal Government of India Department of Revenue Ministry of Finance Central Board of Direct…
Addition for unsecured loans tenable when profits are estimated as it is not trading account but balance sheet item ABACUS…
CBDT designates Pr.CCsIT as cadre controlling authority overall the field formations including ReAC F No. 1871312020-ITA-IGovernment of India Ministry of…
Inability to produce evidence by Legal representative of assessee alone should not be a basis to decide allowability of expenses. …
Conditions to be satisfied by pension fund for exemption u/s 10(23FE). Guidelines for notification MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD…
Depreciation disallowed on VAT portion of capital goods suspected to be purchased from grey market ABACUS Case Law CitationABCAUS 3364…
CBDT reconstitutes Regional e-Assessment Centers. Read list of Income-tax Authorities for 30 reconstituted ReACs F. No 187/3/2020 ITA-1Government of India…
CBDT Guidelines for implementation of Faceless Assessment Scheme 2019 In view of the Faceless Assessment Scheme, 2019 and subsequent notification…