When ITAT Reject of books of accounts u/s 145(3) ITAT remanded matter on question of rejection of books of account u/s 145 (3) if proper explanation or details were filed before AO Case Law citation:- ACIT vs. Rahul Pancholi (ITAT Jaipur), ITA No. 949/JP/2013, Date of Decision: 30.09.2015 Brief of the case: AO find decline […]
Category Archives: Income Tax
Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.
Govt may bring down Corporate Tax from 30% to 25% Press Information Bureau Government of India Ministry of Finance 20-November-2015 Government Calls for Comments on Proposed Plan of Phasing-Out Exemptions and Deductions under the Income-Tax Act in Order to Bring Down Rate of Corporate Tax from 30% to 25% The Union Finance Minister Shri Arun […]
Finally CBDT extended due date all over India to 31.10.2015 from 30.09.2015 Extension of date for filing of Income tax returns and tax audit reports to31st October 2015 The issue of extension of last date for e-filing returns of income and audit reports u/s44AB due by 30th September, 2015 has been the subject matter of litigation […]
Tax Audit/ ITR date extended to 31st October 2015 In the case of Vishal Garg & Ors. Vs. Union of India & Anr., Punjab & Haryana HC extended due date of Tax Audit cases to 31st October 2015 from existing 30th September 2015. Its not clear if the due date for non audit cases also […]
Delhi High Counrt dismisses Tax Audit Returns Due Date Extension Appeal In the case of Avinash Gupta and Ors V/s Union of India and Ors It was held by Delhi High Court that in this case it is pleaded that the petition is in the nature of public interest. However, the petition is not drafted […]