Month: November 2015
478 articlesIncome Tax
Income Tax
General printed Notice imposing Penalty u/s 271(1)(C) is not sustainable
Income Tax
Income Tax
CIT to form a Prima-facie opinion w.r.t erroneous and prejudiciality of A.O.’s order for exercising jurisdiction u/s 263
Income Tax
Income Tax
Re-opening u/s 148 based on of revisiting of existing material is bad in law
Income Tax
Income Tax
Amount received from client by Solicitor in capacity of principal and agent is not income
Income Tax
Income Tax
Aggregation of income to be done before applying section 73
Income Tax
Income Tax
Unaccounted Purchases in absence of discrepancy in stock records cannot be added to total income as unexplained investments
Custom Duty
Custom Duty
Personal accountability with fine imposed on custom officials for non compliance of release order of goods
Income Tax
Income Tax
Self declared income which otherwise not taxable as per law, cannot be taxed
Income Tax
Income Tax
Trust cannot be denied exemption u/s 11 on mere payment made outside India
Income Tax
Income Tax
