Case of Economic Hardship and Waiver of Interest
Income tax law by design has provisions with enabling powers to authorized officers for waiver of interest to provide respite…
......Read MoreIncome tax law by design has provisions with enabling powers to authorized officers for waiver of interest to provide respite…
......Read MoreThe Madras High Court in 308ITR154 held that amount collected as contingency deposits for payment of possible tax liability would…
......Read MoreWhere the assessee inadvertently or mistakenly offers an amount to tax it can go for an appeal following SC in…
......Read MoreThe assessee in the books had capitalized the expenses on new product development and that proved to be fatal when…
......Read MoreIn 427ITR15 the assessee having deposited huge cash during the demonetization period claimed a tax holiday alleging that the cash…
......Read MoreThe circular of the Central Board of Revenue (No. 14 (SL-35) of 1955, dated April 11, 1955) requires the officers…
......Read MoreOnly because the trust deed indicates that the source of funds was only from school fees the Madras High Court…
......Read MoreThe Ahmedabad bench of ITAT in 82ITR (Trib) (S.N.) 32 has been candid in pointing out that the AO can…
......Read MoreIncome tax law by design has provisions with enabling powers to authorized officers for waiver of interest to provide respite…
......Read MoreOn the technical question whether a legal heir /representative (LR) of a deceased taxpayer is obliged to report immediately death…
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