power to cancel 12A registration
Under the law the PCIT /CIT Is empowered to cancel registration if he is satisfied that the activities of the…
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Today's
Directors of NCLT lead companies held accountable for tax arrears of companies ......Read More
Yesterday's Revised return capping – a statutory handicap ......Read More
Yesterday's Revised return capping – a statutory handicap ......Read More
DTAA benefit cannot be declined for want of presentation of TRC… impossibility of performance case
The assessee who earned from employment abroad was declined exemption under article 15(1) of the India-Austria DTAA in (2020] 79…
......Read MoreAppeal/revision Missing claims in ITR-Remedy with PCIT
In [2021] 436 ITR 262 (Guj) the assessee , a banker at the time of filing ITR held the impression…
......Read MoreSelf imposed limitation for alternative remedy has no buzz
Recalling words from the age-old historic decision in Calcutta Discount Co. Ltd. the Delhi High Court in [2021] 18 ITR-OL…
......Read MoreCommissioner’s are often ignorant of S.264 powers!!! …..Case of frivolous litigation prompted by the AO and then pushed further by CIT
Even if the powers of the AO are restricted in the matter of allowance of expenditure in the absence of…
......Read MoreRefund of penalty
In an interesting case fact reported at [2019] 412 ITR 642 (Mad) the assessee gave up the claim of depreciation…
......Read MoreCourt declines to intercept TRO powers under rule 11 of Schedule II in property attachment case
Section 281 deem certain transfers of assets void if they are transacted during the pendency of any proceeding under this…
......Read MorePoint of limitation u/s 149
Once a notice u/s 148 is issued within the period of limitation, jurisdiction becomes vested in the ITO to proceed…
......Read MoreHow the power to grant stay u/s 220(6) is to be exercised by the AO ?
Reading from one instruction to other and another the High Court in [2021] 18 ITR-OL 120 (Mad) held that clause…
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