Admissibility of Additional evidence by CIT (Appeal) & contravention of rule 46A

Government earns more than the taxpayer!

At the stage of granting registration under section 12AA, stage of granting registration CIT(E) was not required to examine application of income

Be cautious : It is held that AO was right in denying interest & salary paid to partners as firm failed to comply with sec. 142(1) notice:

Electric vehicle should be purchased for business use or personal use?

Amendment of s. 200A which has been given effect from 1st June, 2015 is prospective in nature

Land which is left barren but which is capable of being cultivated can also be ‘agricultural land’ ?

Section 276B invariably provides for Prosecution for delay in payment of TDS and prosecution in such case is confirmed by court

Not only car, even purchase of electric two wheeler will offer tax benefit u/s 80EEB – A welcome proposal in Union Budget – II

Trust eligible for benefit of sec. 11, though ITR was filed in response to reassessment notice: ITAT Delhi

Delhi HC allowed deduction of preliminary exp. to assessee engaged in service sector

Additional Ground Before CIT (Appeal)

Reassessment on the basis of an illegal notice u/s 148 is not sustainable : ITAT Mumbai

A Query by an empolyee of a nationalized Bank.

Period of holding to be considered from the date of allotment or date of agreement?

Provide for pass through of losses in cases of Category I and Category II Alternative Investment Fund (AIF)

Concessional rate of Short-term Capital Gains (STCG) tax to certain equity-oriented fund of funds.

No recovery from residents towards TDS if NRI has paid the taxes due on income