Section 147 provide an opportunity to revenue to reopen an assessment even after a gap of 4 years subject to…
......Read MoreIncome tax Act provide for charge of interest on demands of taxes and penalty as well as it has provisions…
......Read MoreThe Madras High Court in (2014) 2ITR-OL 191 held that a trust can have both charitable and religious objects and…
......Read MoreThe Madras High Court in [2021] 438 ITR 474 (Mad) advised taxpayer to plead the ground of violation of principles…
......Read MoreMerely asking a question and not carrying it further can be a case of non-enquiry requiring issue of notice u/s…
......Read MoreThe annual value of the properties if they are more than one which remain vacant throughout the previous year would…
......Read More26AS with its dynamic character may see changes post filing of income tax return and such changes may lead to…
......Read MoreUnder the law in the case of a merger situation if a notice is issued to an erstwhile company, the…
......Read MoreOpportunity to taxpayer and consideration of evidence are two basic essentials to income tax assessment mechanism. These two subjects to…
......Read MoreThe Kerala High Court in (2021) 18ITR-OL 459 stopped the AO from changing the method of computing deduction u/s 36(1)…
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