Day: December 25, 2015
9 articlesIncome Tax

Income Tax
Mere mismatch of description cannot be a reason to treat the same as unexplained
Income Tax

Income Tax
Interest in leasehold property includible in net wealth of assessee if he exercises power of owner on it
Income Tax

Income Tax
Where assessment order was based on inadequate or improper enquiry, CIT can invoke jurisdiction u/s 263
Income Tax

Income Tax
Electricity duty is not a tax, duty cess or fee, section 43B is not attracted in respect of electricity duty collected by MSEB
Income Tax

Income Tax
Mere Providing stadium with all arrangements for Cricket matches conducted by BCCI is not a business activity carried out u/s 2(15)
Income Tax

Income Tax
Where no satisfaction was recorded by AO at the time of search, revenue cannot attain jurisdiction over other person
Income Tax

Income Tax
Assessee held shares under investment in books, AO in absence of anything contrary can’t held investment as trading
CA, CS, CMA

CA, CS, CMA
Empanelment of advocates as Prosecution Counsels with Income Tax Dept.
Income Tax

Income Tax
