Interest received either on delayed compensation enhanced compensation is chargeable as “income from other sources”
Option to choose valuation method under Section 56(2)(viib) read along with Rule 11UA(2) stand solely with the taxpayer.
ITAT deletes addition of cash deposits made during demonetization: Shivam Industries Radheshyam Sharma & Co. Vs ACIT (ITAT Delhi) Appeal Number : ITA No. 1612/Del/2021
Functionalities to file commonly used ITRs enabled by CBDT on 4st April, 2024: 23000 ITR Filed So Far.