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Section 271F

Latest Articles


Rectification, Assessment, and Appeal under Income Act, 1961

Income Tax : Learn about rectifying mistakes in income tax orders under Section 154, including types of rectifiable orders, responsible authori...

September 2, 2024 1701 Views 0 comment Print

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

CA, CS, CMA : Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal...

June 8, 2024 1629 Views 3 comments Print

Penalty for failure to furnish Income Tax Return

Income Tax : Understand the penalty for failure to furnish income tax return. Learn about the increased late fees and provisions under Section ...

December 10, 2020 69477 Views 4 comments Print

Income Tax Compliance / Information at A Glance

Income Tax : I have covered only relevant compliances/information useful for Small Manufacturer, Traders only through this article which includ...

August 28, 2020 35079 Views 10 comments Print

Consequences of Late Filing of Your Income Tax Return

Income Tax : While filing your income tax return within due date is important, it does not mean that if for any reason you missed the dead line...

April 22, 2020 46860 Views 10 comments Print


Latest News


Section 234F Fee for delayed filing of return causing undue hardship

Income Tax : The Finance Bill, 2017 proposes to levy fees of Rs.5,000 in case where return is furnished after the due date but on or before 31S...

January 21, 2020 66294 Views 31 comments Print


Latest Judiciary


Non-response to notice due to bonafide reasons justified hence matter remanded: Karnataka HC

Income Tax : Karnataka High Court remanded the matter back to the Assessing Officer since non-response to notice issued under section 148A(d) o...

December 4, 2024 99 Views 0 comment Print

Non-payment of tax under Income Declaration Scheme cannot change character of income declared

Income Tax : However, the assessee did not comply with the notices issued and therefore, AO completed the scrutiny assessment in the case of th...

October 22, 2024 351 Views 0 comment Print

Passing of ex-parte order without deciding case on merits untenable: ITAT Visakhapatnam

Income Tax : ITAT Visakhapatnam held that dismissal of appeal and passing of ex-parte order by CIT(A) in absence of any response on behalf of t...

October 18, 2024 240 Views 0 comment Print

Mere Entering into Development Agreement doesn’t Allow Section 45(2) Invocation: ITAT Jaipur

Income Tax : ITAT Jaipur held that mere entering into the Development Agreement would not permit invocation of section 45(2) of the Income Tax ...

October 4, 2024 585 Views 0 comment Print

Cash deposit in Joint account with other relatives: ITAT deletes addition

Income Tax : ITAT Ahmedabad rules no tax on cash deposits from relatives if affidavits provided. Sakina Ahmedali Kantavala vs ITO case highligh...

June 13, 2024 795 Views 0 comment Print


Latest Posts in Section 271F

Non-response to notice due to bonafide reasons justified hence matter remanded: Karnataka HC

December 4, 2024 99 Views 0 comment Print

Karnataka High Court remanded the matter back to the Assessing Officer since non-response to notice issued under section 148A(d) of the Income Tax Act by the petitioner was due to bonafide reasons, unavoidable circumstances and sufficient cause.

Non-payment of tax under Income Declaration Scheme cannot change character of income declared

October 22, 2024 351 Views 0 comment Print

However, the assessee did not comply with the notices issued and therefore, AO completed the scrutiny assessment in the case of the assessee for the AY 2017-­18 as best judgment assessment U/s. 144 of the Act and passed the assessment order.

Passing of ex-parte order without deciding case on merits untenable: ITAT Visakhapatnam

October 18, 2024 240 Views 0 comment Print

ITAT Visakhapatnam held that dismissal of appeal and passing of ex-parte order by CIT(A) in absence of any response on behalf of the assessee untenable since CIT(A) failed to decide the case on merits.

Mere Entering into Development Agreement doesn’t Allow Section 45(2) Invocation: ITAT Jaipur

October 4, 2024 585 Views 0 comment Print

ITAT Jaipur held that mere entering into the Development Agreement would not permit invocation of section 45(2) of the Income Tax Act. There is no positive act which indicates that the assessee has treated capital asset as stock-in-trade.

Rectification, Assessment, and Appeal under Income Act, 1961

September 2, 2024 1701 Views 0 comment Print

Learn about rectifying mistakes in income tax orders under Section 154, including types of rectifiable orders, responsible authorities, and time limits.

Cash deposit in Joint account with other relatives: ITAT deletes addition

June 13, 2024 795 Views 0 comment Print

ITAT Ahmedabad rules no tax on cash deposits from relatives if affidavits provided. Sakina Ahmedali Kantavala vs ITO case highlights proper affidavit usage in tax assessments.

Subsidiary would only be deemed a PE if it satisfies specific tests outlined in DTAA

June 9, 2024 933 Views 0 comment Print

Delhi High Court quashes reassessment notices by DCIT after TPO settles arm’s length remuneration issue. Detailed analysis of Progress Rail Locomotive Inc. vs DCIT case.

From Side Hustle to Tax Puzzle: A Freelancer’s Guide to Taxes

June 8, 2024 1629 Views 3 comments Print

Discover the complexities of tax compliance for freelancers and gig workers, from understanding income sources to navigating legal consequences. Learn how to mitigate tax non-compliance and optimize financial management.

ITAT Upheld Addition for Failure to Prove Agriculture Income Genuinity

June 7, 2024 726 Views 0 comment Print

Read the detailed analysis of the ITAT Chennai order in the case of D. Ramagopal Vs ACIT, where addition was upheld due to failure in proving the genuinity of income from agriculture activities.

ITAT deletes addition for cash deposit linked to Sale of Property

May 27, 2024 6246 Views 0 comment Print

ITAT Chennai deletes Rs. 16.8 lakhs addition, finding no evidence to prove properties sold by taxpayer were agricultural land in D. Ramagopal Vs ACIT case.

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