Month: April 2013
465 articlesIncome Tax
Income Tax
Reassessment initiated on the basis of materials which were available during original assessment not valid
Income Tax
Income Tax
Benefit availed by director in purchasing property at a lesser value than Market Value May be Taxed as Perquisites in his hand
Income Tax
Income Tax
Initiation of Reassessment before expiry of time limit for scrutiny assessment is valid
Income Tax
Income Tax
Adhoc disallowance of expense without specifically discussing which expenses were found unverifiable not valid
Income Tax
Income Tax
If No Books of Account then no question of audit & no penalty for not getting tax audit done
Income Tax
Income Tax
No additions for mere violation of RBI’s norms on valuation of shares sold by non-resident to resident
Income Tax
Income Tax
Reopening for negligence / recklessness on the Part of A.O. not permissible
Income Tax
Income Tax
AO cannot make addition on ground, which is not subject matter of remand proceedings
Income Tax
Income Tax
S. 80IC Deduction duly supported by Form 10CCB cannot be denied on mere non-disclosure in tax audit report
Income Tax
Income Tax
