#section 143(2)
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2,480 articlesIncome Tax

Income Tax
PCIT cannot direct AO to initiate penalty proceedings u/s 271(1)(c)
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Reassessment after four years unsustainable as failure of assessee to disclose full material facts not proved
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Expenditure incurred for earning income is to be allowed even if society not registered u/s 12A
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Cost-to-cost reimbursement of secondment of employees not FTS under India-USA DTAA
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No Penalty under 271(1)(c) if income is furnished to Tax Authorities at initial assessment stage
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Addition without incriminating material not sustainable for assessment unabated on search date
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Expense incurred for earning only exempt income is not allowable as deduction
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Invocation of section 263 unjustified as order not prejudicial to revenue
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Interest earned by co-op society from investment with other co-op society deductible u/s 80P(2)(d)
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Reopening of assessment based on incorrect facts or conclusions cannot be sustained
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Section 115BBE needs Relook: Know Misuse, Consequences & Judicial Precedents
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ITAT allows interest on loan against rented property as Income was charged to tax
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Cost imposed on assessee due to non-cooperation before lower tax authorities
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Income Tax
