Kudos to Various Association of Chartered Accountant !! Excellent representation to strengthen the Tax System !!
Any addition if to be made to the tax declared, it should not be more than the peak credit in the bank account
Where Assessee inherits the property with any lease, lien, mortgage or any actionable claim, then payment made for the purpose of clearing of such actionable claims for perfecting the title is to be regarded as cost of acquisition u/s. 48.
Assessees who are engaged in the activity of growing hybrid seeds are entitled to claim exemption as agricultural income
ITAT allowed deduction towards amount paid by Senior Advocate Harish Salve as scholarships of two students at Oxford University
Section 50C which provides a safe harbour of 5% must be interpreted to apply since the insertion as it is curative
Extension of Date for payment and filing of applications in first phase of Maharashtra Amnesty scheme