Income TaxAbsence of notice u/s 143(2) cannot be cured by application of Sec 292BB of IT Act: Delhi HC18 Apr 20220Absence of notice u/s 143(2) cannot be cured by application of Sec 292BB of IT Act: Delhi HC Here is…
Income TaxInterest earned by co-op societies on investments with Co-operative Bank is deductible u/s 80P(2)(d) or u/s 80P(2)(a)(i)?23 Feb 20220Interest earned by co-op societies on investments with Co-operative Bank is deductible u/s 80P(2)(d) or u/s 80P(2)(a)(i)? Short Overview Interest…
IT JudgementNo failure on assessee’s part to disclose fully and truly all material facts during original assessment – Whether Reassessment proeeding justified?22 Oct 20210No failure on assessee’s part to disclose fully and truly all material facts during original assessment – Whether Reassessment proeeding…
Income TaxAssessment order passed against a non-existent company is void: CA Naina Chaurasia22 Sep 20210Assessment order passed against a non-existent company is void: CA Naina Chaurasia Author CA. Naina Chaurasia Written…
IT JudgementValidity of Conversion of case from limited scrutiny to complete scrutiny prior to receipt of approval from Pr. CIT25 Sep 20200Validity of Conversion of case from limited scrutiny to complete scrutiny prior to receipt of approval from Pr. CIT Short…
IT JudgementReassessment : Legislature by using the word ‘reason to believe’ had cast a duty on AO to apply mind to the material on record with regard to escaped liability.10 Jul 20200Reassessment : Legislature by using the word ‘reason to believe’ had cast a duty on AO to apply mind to…