155 Assistant Commissioners of Income Tax (Probationers) posted on completion of training at National Academy of Direct Taxes (NADT)
The CBDT has given postings to 155 Assistant Commissioners of Income Tax (Probationers) in the level 10 in the pay matrix of Rs. 56100 – 177500/- on successful completion of their training at National Academy of Direct Taxes (NADT), Nagpur
Their posting in the Region of Principal Chief Commissioner of Income Tax is indicated against name of each of them.
- Exemption u/s 54 allowed despite failure to deposit in Capital Gains Accounts Scheme
- No addition to be made in hands of assessee solely on basis of uncorroborated loose-sheet
- Claim of Leave Encashment exemption u/s 10(10AA)(ii) dismissed beyond Rs. 3 lakhs
- AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
- Shareholders can’t be taxed for income from properties owned by the company – HC
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