TaxGuru Newsletter Subscription
Information You Can Rely On.
Income Tax - On 31St August, all the professionals were just sitting helplessly infront of the Income Tax E-filing site that was moving with the speed of “Three toed sloths” and the last date of filing of return was ending with the speed of “Cheetah”. All were just praying that either the site runs or date gets extended. […]...
Read MoreIncome Tax - We all as dignified professional, with utmost sincerity and perseverance do discharge our professional duties. We have commanded our fields and we do perform our duty to the best of our efforts, but somehow I feel, that our fraternity fails to collect the professional fees which is our legitimate right....
Read MoreIncome Tax - Sudoku is a Japanese game which is a logic-based, number-placement puzzle. In this game one has to fill a 9×9 grid with digits so that each column, each row, and each of the nine 3×3 subgrids all contains the digits from 1 to 9. The puzzle setter provides a partially completed grid, which has to be completely filled....
Read MoreIncome Tax - Our CA Profession is also not deprived of this gender discrimination. We have girls in huge numbers joining the course and also completing the course with flying colours but the number of girls or Female CA that join the main stream profession are very less in numbers. ...
Read MoreIncome Tax - The Hon'ble Amritsar bench has given a landmark judgement on the issue of 234E Fee levied prior to June,2015 in the case of Sibia Healthcare Private Limited v./s Dy. Commissioner of Income-tax (TDS), in I.T.A. No.90/Asr/2015 and has deleted the addition-...
Read MoreITO Vs. Hukum Singh Rao (ITAT Jodhpur) - It was explained by the appellant that the money deposited in the bank account represented cash received from elder son, who was tax payer and the withdrawals in the bank account had a a chronologically progressive linkage of events....
Read MoreDr. Shantanu Datta Vs ITO (ITAT Kolkata) - Hon'ble Kolkata ITAT has deleted penalty u/s 271B in the case of Dr. Shantanu Datta in I.T.A. No. 261/Kol/2017 as there was a bona fide belief entertained by the assessee in the facts and circumstances of the case and the same constituted a reasonable cause for the failure of the assessee to compl...
Read MoreState Bank of India Vs. Addl. CIT-(TDS) (ITAT Agra) - Assessee cannot be considered as having done willful neglect for non-compliance of the TDS provisions. This is just a technical mistake and, accordingly, the assessee cannot be held to be an assessee in default and no penalty can be imposed....
Read MoreM/s. Simbhauli Sugar Mills Ltd. Vs. Addl. CIT (Allahabad High court) - Hon'ble Allahabad High court has in the case of M/S Simbhauli Sugar Mills Ltd in ITA No 607 of 2011 has held that amendment is sec 43B is curative in nature and would apply retrospectively....
Read MoreKrishan Kumar Vs. ITO (ITAT Delhi) - Delhi ITAT has in the case of Krishan Kumar v/s ITO in ITA No. 3985/Del/2017 has quashed the reassessment proceedings as there was no nexus between reasons recorded and addition made. ...
Read More
ITO Vs. Hukum Singh Rao (ITAT Jodhpur) -
Dr. Shantanu Datta Vs ITO (ITAT Kolkata) -
State Bank of India Vs. Addl. CIT-(TDS) (ITAT Agra) -
M/s. Simbhauli Sugar Mills Ltd. Vs. Addl. CIT (Allahabad High court) -
Krishan Kumar Vs. ITO (ITAT Delhi) -
Pramod Kumar Pathak Vs. ITO (ITAT Agra) -
Ashok Auto Sales Ltd v/s CIT (Allahabad High Court) -
Pravin Thanmal Shah HUF Vs. Asst. CIT(A) (ITAT Mumbai) -
Pr. CIT Vs. M/S Hariom Steels (P) Ltd. (Allahabad High Court) -
