Income Tax search

  • Income Tax

CBDT Instruction 1916 takes into account quantity of jewellery generally held by family members of a Hindu Family

CBDT Circular though meant for non-seizure of jewellery takes into account quantity of jewellery generally held by family members of…

3 years ago
  • Income Tax

Income Tax Department conducts searches in Bihar & UP

Income Tax searches/raids in Bihar & UP of person in business of mining and hotel industry & one chairman of…

4 years ago
  • Income Tax

Income Tax Department raids in Srinagar & Kupwara in case of three prominent businessmen

Income Tax Department carries out searches in Srinagar and Kupwara Income Tax raids Srinagar Kupwara The Income Tax Department has…

4 years ago
  • Income Tax

Income Tax Department conducts searches in Bhopal

Income Tax Department conducts searches in Bhopal Government of India Department of Revenue Ministry of Finance Central Board of Direct…

4 years ago
  • Income Tax

Addition u/s 69 on the basis of unsigned receipts found during search deleted by ITAT

Addition u/s 69 on the basis of unsigned receipts found during search deleted. Such unsigned receipts could not have been…

4 years ago
  • Income Tax

CBDT brief on the income tax raids in NCR, Bhopal, Indore and Goa

Brief highlights of the recent income tax raids in NCR, Bhopal, Indore and Goa As reported by media, yesterday, the…

5 years ago
  • Income Tax

High Court explains mandate of “reasons to suspect” and “reasons to believe” in Income Tax search

High Court explains mandate of "reasons to suspect" and "reasons to believe" in income tax search, quashed  warrants of authorization…

5 years ago
  • Income Tax

Material found in a simultaneous survey at a connected person can be used in Block Assessment of an assessee u/s 158BB rws 158BH-SC

Material found in a Survey made simultaneously at a connected person can be used in Block Assessment of an assessee…

6 years ago
  • Income Tax

Statements made by stranger-third party in search case unless connected/corroborated can not lead to adverse consequences

Statements made by stranger-third party in search case unless connected or corroborated could not be attributed to or lead to…

6 years ago
  • Income Tax

Reopening us 147 based on material found in search not permissible – ITAT

Reopening us 147 based on material found in search not permissible. In such cases section 153C applies for framing assessment…

7 years ago