Role of Counsel
In the case of Joseph Kuruvilla Vs. Commissioner of Income-tax (234ITR55) the counsel for the assessee did not raise a…
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Today's
Wrong reopening ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Alternative Plea Allowed Part -II
In the case of CIT v. Mahalakshmi Textile Mills Ltd. (66 ITR 710) the assessee company all along in the…
......Read MoreSubstantial question of law or not- Unexplained Cash Deposit in Bank
In the case of Aradhna Oil Mills v. CIT (119TAX629) a raid was conducted on the assessee. During such raid…
......Read MoreMore than one remedy under the Act
Under section 264 of the Income tax Act, 1961 an assessee can move a revision petition to the Commissioner of…
......Read MorePower of Tribunal to Rectify Order u/s 254(2)
Under section 254(2) of the Income-tax Act, 1961, the Appellate Tribunal may, ” with a view to rectifying any mistake…
......Read MoreLate Filing- Power to Condone
Every Act lay down certain period of limitation as regard filing of appeals. applications etc. Also in most of the…
......Read MoreRevision Application u/s 264- Commissioner’s Role
The Calcutta High Court in the case of City Express Super Market v. CIT (118TAX248) held that in disposing of…
......Read MoreDefect in Appeal- Only of Academic Interest
An appeal before the Commissioner (Appeals) shall ordinarily be presented within thirty days of the order of assessment, but the…
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