No Penalty for Inadvertent and Bonafide Error: Mumbai ITAT

Assessees who are engaged in the activity of growing hybrid seeds are entitled to claim exemption as agricultural income

Validity of reassessment notice u/s 148 against deceased assessee

CBDT takes further steps to ensure transparency in Tax Administration by bringing in concept of DIN

ITAT allowed deduction towards amount paid by Senior Advocate Harish Salve as scholarships of two students at Oxford University

MCA Asks NCLT to Freeze Assets of IL&FS Arm’s all previous Auditors

Filing income tax returns of the in Company ITR – 6 within time : Challenges Ahead

Deduction permissible while computing Capital gain income

Section 50C which provides a safe harbour of 5% must be interpreted to apply since the insertion as it is curative

Key highlights of important meeting between the FM and Prime Minister Modi

Extension of Date for payment and filing of applications in first phase of Maharashtra Amnesty scheme

The Companies (Share Capital and Debentures) Rules, 2014 now amended

Once the segregation of shares under two different portfolios was made and accepted by Revenue, the mere quantum of turnover and frequency of transactions could not decide the nature of transactions.

Capital gain exemption u/s 54B available even if the entire land is not used for cultivation

Registration of Charitable trust, society & NGO in the Income Tax Act u/s 12A

Loan/advance received from non-member/non-shareholder is not deemed dividend u/s 2(22)(e)

Outsourcing of job for collection of toll tax liable for TCS ?

Checklist for filing ITR – 7 of trust