CBDT has issued four circulars issuing Order under section 119 of the Income-tax Act, 1961 for condonation of various Income Tax Forms
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- Cash deposit in demonetisation held exempt assessee being resident of Arunachal Pradesh
- ICAI bans seven Chartered Accountants being guilty of professional misconduct
- ITAT deleted addition made on presumption – there cannot be loss in restaurant business
- Rent of plot taxed as income from other sources in absence of proof of structure on it
- Application invited for special Public Prosecutors in Income Tax Department NER Region
