Sushil Chandra is the new Chairman CBDT
Ministry of Finance
Press Release
01-11-2016
Shri Chandra has been Member (Investigation) in CBDT since December, 2015. During his long and illustrious career in the Income Tax Department, he has handled many prestigious assignments like the Principal Chief Commissioner & Director General of Income Tax at Ahmedabad, Commissioner of Income Tax (Central) & Director of Income Tax (Investigation) at Mumbai among others.
His dynamism and forward looking vision is expected to further energise the Income Tax Department in its taxpayer friendly measures and new initiatives in the area of e-governance.
Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction…
Just because log book was not maintained does not mean that vehicles were used for personal purposes by the Trustee…
Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO…
Date of dispatch of Speed Post of duly verified ITR-V shall be considered for the purpose of determination of 30…
Cash deposited in bank before giving unsecured loan. The addition if at all can be made u/s 69A in the…
Limitation for filing Rectification Application to ITAT u/s 245(2) starts from the date when the order of which rectification is…