Day: May 9, 2022
52 articlesIncome Tax

Income Tax
Tax liability of Assessee cannot be assessed on Presumption
Income Tax

Income Tax
Corpus donation towards building fund not chargeable to tax
Income Tax

Income Tax
AO cannot ignore Audit Report filed during assessment proceedings
Income Tax

Income Tax
Genuineness & creditworthiness of lenders cannot be disbelieved if they filed ITR & confirmations
Income Tax

Income Tax
Limited Scrutiny for turnover Difference in ITR & ST Return – AO can verify with Form 26AS
Income Tax

Income Tax
Reopening for Mere High Turnover in bank account not justified
Income Tax

Income Tax
Guidelines under clause (23FE) of section 10 of Income-tax Act
Income Tax

Income Tax
No prohibition for NRI for accepting gifts from relatives- ITAT deletes addition
Income Tax

Income Tax
Tribunal can recall order passed in absence of respondent if sufficient cause exists
Income Tax

Income Tax
ITAT deletes Section 56 addition for 1% difference in Valuation of Shares
Service Tax

Service Tax
Service Tax not payable on fee paid to State Govt in respect of manufacture, import & sale of alcoholic liquor
Income Tax

Income Tax
Change of opinion not constitutes justification for Reopening
Income Tax

Income Tax
ITAT Grants further Stay to Infosys against Income Tax Demand of Rs.1564 Cr
Income Tax

Income Tax
