Rectification under section 154 of the Act is not obligatory on the part of the Assessing Officer if clear data is not available: Nagpur ITAT
Reopening of assessments for assessment year as back as AY 2014-15, Ay 2015-16, 2016-17 and 2017-18 is not permissible: Delhi HC
Interest income of Credit cooperative societies from its investment with other bank eligible for deduction U/s 80P: Nagpur ITAT
Does the old dictum of ‘reasons to believe’ hold true in light of 2021 amendments in process of reopening of assessments?
Would bonafide mistake in non disclosure of foreign assets in return result into penalty under Black Money Law?
Bombay HC Censures AO for Unconscionable Conduct, Disregarding Binding Judgement, Slaps Rs25,000 Fine
Whether separate written retraction requirement is fastened upon assessee either u/s 133A or any other provisions of the Act?
Credit co-operative societies are eligible for deduction U/s 80P(2)(a)(i) in respect of interest income from its investment: Nagpur ITAT
Activity already commenced prior to Provisional Registration cannot be the ground for rejection of Section 80G Registration: Nagpur ITAT
