Reopening – Courts cannot go into the sufficiency or correctness of the material relied by an AO
The P & H High Court in the case of Bal Ram Jakhar v. CIT (250ITR393) held that one of…
......Read MoreThe P & H High Court in the case of Bal Ram Jakhar v. CIT (250ITR393) held that one of…
......Read MoreThe Supreme Court in the case of V.M. Salgaocar and Bros. Pvt. Ltd. Vs. Commissioner of Income-tax (243ITR383) held that…
......Read MoreEvery Act lay down certain period of limitation as regard filing of appeals. applications etc. Also in most of the…
......Read MoreThe Calcutta High Court in the case of City Express Super Market v. CIT (118TAX248) held that in disposing of…
......Read MoreOften it is found that the revenue authorities reject stay petitions before March 31 only as a reason to enforce…
......Read MoreThe Income-tax Officer is not fettered by technical rules of evidence and pleadings, and that he is entitled to act…
......Read MoreUnder Income tax Act any income is taxable at the point of its accrual irrespective of actual receipt. For any…
......Read MoreIn a case before the Bombay High Court of CIT v. Sulphur Refinery (P.) Ltd. (105TAX400) the assessee had filed…
......Read MoreIn a very fine ruling the Mumbai Bench of the Tribunal in the case of RPG Enterprises Limited v. Dy.…
......Read MoreIn the course of survey conducted u/s133A the authorities seized books of account and certain documents in the case of…
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