Direct Tax: 68 Bogus loans: The assessee is not required to explain the "source of source" prior to insertion of… Read More
Direct Tax: Bombay High Court held that income in respect of sale of flats by assessee, a builder and developer… Read More
Direct Tax: ITAT Hyderabad held that Deduction u/s. 80C allowable on Principal Loan payment for residential flat irrespective of its… Read More
Corporate and Professional Updates 19th April 2018 Direct Tax: Mumbai ITAT held that assessee was an amateur cricketer and was… Read More
\ DIRECT TAX: CBDT has recently notified Income Tax Return (‘ITR’) forms for AY 2018-19 with some important changes i… Read More
Direct Tax: Kolkata ITAT grants exemption u/s 54 to assessee (an individual) for AY 2010-11, rules that mere availing of… Read More
Direct Tax: Delhi HC holds that appropriateness of the 'most appropriate method' per se does not raise a question… Read More
MEANING OF RELATIVE UNDER DIFFERENT ACT As per section 2(41) of the income tax act "Relative", in relation to an… Read More
corporate and professional updates 14th April 2018 Direct Tax: Delhi High Court held that Reopening after 4 years with approval of… Read More
Direct Tax: Delhi High Court held that Reopening after 4 years with approval of DIT instead of JCIT is invalid Yum!… Read More