Deduction towards PF/ESIC no available if the employee share is not deposited before the due date under the relevant Act: Supreme Court
Salary income could be deemed to accrue or arise in India only if services is rendered in India.: ITAT Chennai
Section 68: Once the Assessee submits evidence in support of the credit and makes out a prima facie case, then the ‘onus of proof’ shifts to the AO
ITAT has laid down principles for applicability of section 68 of Income Tax Act in cases like Share Premium received etc
Section 148 requires the person to file the return of income in response to the notice. The question arises in the case of assessees whose income is otherwise exempt U/s 10 or U/s 11.
Whether the ITAT needs to check the facts of the case rather than quashing the appeal order on a legal issue?