Delay in filing appeal due to improper legal advice can condoned.
Delay in filing appeal due to improper legal advice can condoned. DCIT Vs Atlas Copco (India) Limited (ITAT Pune) [Appeal…
Income Tax
Cost Inflation index for the FY 2019-20 is notified as “289”
Cost Inflation index for the FY 2019-20 is notified as “289” The base year for computation of fair market value…
Extension of Due date for submitting Tax audit Report & ITR : An excellent representation by All Gujarat Federation of Tax Consultants (AGFTC) & Income Tax Bar Association(ITBA)
Extension of Due date for submitting Tax audit Report & ITR : An excellent representation by All Gujarat Federation of…
Converting written play into dramas not to be held as commercial activity to deny sec. 12AA registration
Converting written play into dramas not to be held as commercial activity to deny sec. 12AA registration CIT (Exemption) v.…
Procedure of e-assessment in Nutshell
Procedure of e-assessment in Nutshell E-assessment to include 5 units ie. National e-assessment centres, regional e-assessment centres, assessment unit, verification…
CBDT offers one time relaxation till 31st December for Compounding of offence under the Direct Tax Laws
CBDT offers one time relaxation till 31st December for Compounding of offence under the Direct Tax Laws F.No.285/08/2014-IT(Inv. V)/350 Government…
CBDT vide Circular No. 24/2019 has laid guidelines for launchingprosecution in respect of certain Income Tax related offences
CBDT vide Circular No. 24/2019 has laid guidelines for launchingprosecution in respect of certain Income Tax related offences F.No.285/08/2014-IT(Inv. V)/349…
Validity of addition during Assessment under section 153A if no seized document found during search at assessee’s premises
Validity of addition during Assessment under section 153A if no seized document found during search at assessee’s premises Short Overvivew…
In case of charitable trust, excess expenditure incurred in earlier years can be set off against the income of subsequent year
In case of charitable trust, excess expenditure incurred in earlier years can be set off against the income of subsequent…
Section 68 had no application to facts of assessee’s case because assessee had duly disclosed donations as its income.
Section 68 had no application to facts of assessee’s case because assessee had duly disclosed donations as its income. Short…
Validity of Addition under section 69C on the strength of statement of third party without opportunity of cross-examination
Validity of Addition under section 69C on the strength of statement of third party without opportunity of cross-examination Short Overvivew…
Draft Letter for Appointment of auditor along with consent, eligibility, CTC & intimation thereof under the Companies Act – 2013
Draft Letter for Appointment of auditor along with consent, eligibility, CTC & intimation thereof under the Companies Act – 2013…
Income Tax Department unearth Rs. 16.77 Crore Refund fraud at Nashik
Income Tax Department unearth Rs. 16.77 Crore Refund fraud at Nashik
Demonetization special case: Explanation of assessee rejected by the court for the reason that it is improbable that a businessmen would keep a large amount locked up till demonetization
Demonetization special case: Explanation of assessee rejected by the court for the reason that it is improbable that a businessmen…
Rejection of explanation that assessee mighy have changed high demonetization currency note is not improper
Rejection of explanation that assessee mighy have changed high demonetization currency note is not improper ANIL KUMAR SINGH & ORS.…
Onus is on assessee to prove the source and nature of an amount received by him is not in the nature of income to avoid its addition
Onus is on assessee to prove the source and nature of an amount received by him is not in the…
Addition under section 68 towards Cash gift is not sustainable if Assessee is not required to maintain any books of accounts
Addition under section 68 towards Cash gift is not sustainable if Assessee is not required to maintain any books of…
