original storyline Vide section 80-IC if between January 7, 2003 and April 1, 2012, a “unit” has “begun” or “begins”…
......Read MoreRule of Legal Presumption Section 292C of the Income tax Act 1961 provides where books of account, other documents, money…
......Read MoreUnder the law it is not a requisite under section 54 of the Income tax Act that purchase of residential…
......Read MoreConsult your CA earlier than later File return of income disclosing true income in time Offer to tax each and…
......Read MoreThe Finance Bill 2013 memorandum read out the amendment in s.115A as under: Section 115A of the Income-tax Act…
......Read MoreNon-conduct of proper enquiry renders the order erroneous and prejudicial to the interests of the Revenue. In more than one…
......Read MoreAt one point in time the Karnataka High Court in Kwality Biscuits Ltd. v. Commissioner of Income-tax (2000) 243ITR519 held…
......Read MoreThe DHC in 350ITR407 held that it was not open to the assessee to direct the Assessing Officer to go…
......Read MoreBefore the Madras High court in CIT v. National Textile Corpn. Ltd. (109TAX300) there was a statutory transfer of a…
......Read MoreThe Kerala High court in the case of CIT v. A. Sreenivasa Pai (109TAX267) held that the right conferred on…
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