Hawala Purchases- only condition to be satisfied for reopening is that taxable income has escaped assessment
Negligence in reporting 40A(3) & 40(a)(ia) violation is Professional Negligence – CA awarded punishment of removal of his name from the Register of Members
Validity of Assessment if there is Non-issuance of notice under section 143(2) vis a vis Applicability of section 292BB
Is there any provision in the Income Tax Act where the penalty can be imposed on the Income Tax Officer for Non-Compliance?
Excess share premium not taxable in hands of closely held co. if its shareholders are relatives- Interesting Judgemnent by Chennai ITAT