Month: July 2015
575 articlesIncome Tax

Income Tax
Reassessment u/s 147 valid if assesse had deemed notice of reassessment proceedings
Income Tax

Income Tax
Share Application money cannot be added to Income if Assessee discharges the onus cast on him
Income Tax

Income Tax
Addition cannot be made merely on the facts that assesse had filed a petition to claim the same
Income Tax

Income Tax
Assessee cannot take advantage of accepted accounting for other periods after voluntarily disclosure of receipt of certain amount
Income Tax

Income Tax
Section 124(3) stipulates a bar to any contention about lack of jurisdiction of an AO
Income Tax

Income Tax
Assessment is liable to be quashed in absence of issuance of notice u/s 143 (2)
Income Tax

Income Tax
Interest earned on Escrow Account shall be treated as income from business not from other sources.
Income Tax

Income Tax
Finance charges could not be treated as interest within the meaning of Interest Tax Act, 1974
Income Tax

Income Tax
Section 10B- Compiling, editing, digital designing of software amounts to Manufacture
Income Tax

Income Tax
