Tenet Tax Daily December 10 2018
Failure to claim deduction in ITR wasn’t mistake apparent from record; rectification u/s. 154 couldn’t be invoked
ITAT deleted penalty levied on ‘BCCI’ for delayed e-filing of TDS return due to technical glitches
Tenet Tax Daily December 08 2018
ITAT slams AO for levying sec. 234E fee before section came into existence
Tenet Tax Daily December 07 2018
Employee’s contribution deposited before due date of filing of ITR couldn’t be disallowed
Tenet Tax Daily December 06 2018
No reassessment on basis of mere change of opinion by AO that computation of book profit was incorrect
Tenet Tax Daily December 05 2018
Compounding fee to be computed on basis of tax sought to be evaded and not income sought to be evaded: HC
Tenet Tax Daily December 04 2018
Apex Court quashes HC’s Order on CA’s misconduct for his Acts not related to Professional Work
Tenet Tax Daily December 03 2018
HC justified sec. 69 additions relying on loose slips representing on-money payment made for purchase of property
Tenet Tax Daily December 01 2018
HC condoned delay as appeal was filed belatedly due to resignation of CEO who only had power to file appeals
Tenet Tax Daily November 30 2018
No sec. 263 revision if AO had allowed exp. after making reasonable enquiry : ITAT
Tenet Tax Daily November 29 2018
Non-compete fee paid to directors to restrain them from engaging in same business was allowable deduction
Tenet Tax Daily November 28 2018
Sec. 68 additions confirmed in absence of proof showing creditworthiness of father to give huge cash gift to his son
Tenet Tax Daily November 27 2018
Sec. 143(2) notice wasn’t required in case no return was filed in response to sec. 148 notice
Tenet Tax Daily November 26 2018
Assessee couldn’t challenge validity of sale of land by filing writ against reassessment notice
Tenet Tax Daily November 24 2018
Trust to be taxed at maximum marginal rate if it wasn’t registered u/s 12A: ITAT
Tenet Tax Daily November 23 2018
Sum received on renting of terrace for installation of mobile tower taxable as house property income: ITAT
Tenet Tax Daily November 22 2018
Sum received on renting of terrace for installation of mobile tower taxable as house property income: ITAT
Tenet Tax Daily November 21 2018
Deeming fiction of sec. 50C won’t apply while claiming relief under sec. 54F: ITAT
Tenet Tax Daily November 20 2018