Penalty-2711c not imposable if income estimated u/s 144 where books of accounts not produced

INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR ITA No.293(Asr)/2013 Assessment year: 2005-06 Income Tax Officer (Appellant)  vs. M/s. Age Construction Pvt. Ltd. (Respondent) Date of Order: 04-03/2016 ORDER PER A.D. JAIN, JM: This is the Department’s appeal for the assessment year 2005-06 against the order, dated 06.02.2013, passed by the …

Penalty 271(1)(c) limitation provisions u/s 2751a apply as per law in force at the time of filing of return

INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR I.T.A No.137(Asr)/2014 Assessment Year: 1994-95 Income Tax Officer (Appellant) vs. K.D. Bali (Respondent) Date of Order: 04-03-2016 ORDER PER T. S. KAPOOR (AM): This is an appeal filed by the Revenue against the order of learned CIT(A), dated 05.03. 2014 for Asst. Year 1994-95. …

ICAI S Vaidyanath Aiyar Memorial Fund (SVAMF) Scholarship FY 2015-2016

THE S. VAIDYANATH AIYAR MEMORIAL FUND (SVAMF) The Managing Committee of the S. Vaidyanath Aiyar Memorial Fund have decided to award scholarships to 100 students (who are currently undergoing articled training in accordance with The Chartered Accountants Regulations, 1988 who are poor, needy but meritorious) requiring scholarship to …