Investments made in one assessment year cannot be brought to tax in the another assessment year.
Investments made in one assessment year cannot be brought to tax in the another assessment year. An interesting case came…
investment of earlier year and addition u/s 68
Recent Posts
- Both JAO and FAO have concurrent jurisdiction to initiate reassessment proceedings under section 148
- Condonation of Delay under Section 119(2)(b) – CBDT Circular Cannot Override Substantive Right to Refund: HC
- Taxation of Joint Development Agreements (JDAs) in the Context of the New Income Tax Act, 2025:
- Madras High Court Quashes Reassessment as Time-Barred and Without Jurisdiction:
- How Nagpur’s Tax Drive Signals a Nationwide Shift in Transparency
- Understanding Tax Exemption and TDS Issues on Land Acquisition Compensation
- Regulatory Exposure of High-Net-Worth Families under the Black Money Law:
- MSME Lifeline – New Credit Scheme to Counter 50% US Tariffs
- Bombay High Court Rules Assessee Cannot Be Penalized for Chartered Accountant’s Belated Advice in Tax Filing
- How Every Citizen Became a Tax Collector
