Author: Diksha Garg

Income Tax 

Understanding Exemptions under Section 54, 54EC & 54F

October 14, 2018 Diksha Garg 0 Comments Exemptions under Section 54/54F, Income Tax

Section 54 of the Income Tax Act, 1961 provides the seller of a residential property with relief from capital gains

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Income Tax 

The Assessing Officer cannot point Fake Purchase under section 69C

October 31, 2017October 31, 2017 Diksha Garg 0 Comments Income Tax, IT officer

The Assessing Officer cannot point Fake Purchase under section 69C, in a case where all the sales and purchase transactions

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Income Tax 

If you true in paying the Tax, CIT can also be wrong as clear from this case

October 31, 2017 Diksha Garg 0 Comments CIT, Income Tax, Tax

If you true in paying the Tax, CIT can also be wrong as clear from this case. The assessee filed

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Income Tax 

If a case is manually selected for the inspection, CIT needs to manifest the application of mind for granting approval for scrutiny

October 31, 2017 Diksha Garg 0 Comments CIT, Income Tax, manual inspection

If a case is manually selected for the inspection, CIT needs to manifest the application of mind for granting approval

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Income Tax 

Form 10A and Rule 17A May See an Amendment in Future: CBDT Issues Draft Notification

October 29, 2017 Diksha Garg 0 Comments CBDT, CBDT Directions

Central Board of Direct Taxes has issued a statement that the present Finance Act, 2017, will be incorporated with a

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Income Tax 

Reopening of assessment- Change of Opinion or Failure to apply Mind- Crescent Construction Co vs. ACIT (ITAT Mumbai)

October 20, 2017 Diksha Garg 0 Comments Income Tax, Reopening of assessment, section 114 of the Indian Evidence Act, Valid reasons for reopening of assessment

Discussion on reopening of assessments in the context of “change of opinion” vs. “failure to apply mind,” under s. 147/148,

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Income Tax 

Delhi High Court takes serious note on Coercion and threats by Tax Officials -Case of Digipro Import and Export Pvt. Ltd vs. UOI

October 20, 2017 Diksha Garg 0 Comments delhi high court, Delhi High Court Judgement, high handed attitude of tax officials, tax collection by coercion, unlawful practices of tax officials

Know in detail about the Delhi High Court Case: Digipro Import & Export Pvt. Ltd vs. UOI. Critical obloquies passed

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Income Tax 

Cameron Pte Ltd (Singapore) vs. ADIT (ITAT Jaipur) Case – Notice Under 143(2) must be Served Within the Specified Time Before the Expiry of the Restricted Period

October 2, 2017October 2, 2017 Diksha Garg 0 Comments Income Tax, ITAT

The notice under the provisions of section 143(2) of the Income tax Act is issued when the Assessing Officer (AO)

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Income Tax 

PROCEDURES TO BE FOLLOWED FOR ANY OBJECTION AGAINST THE NOTICE ISSUED UNDER SECTION 148

October 2, 2017 Diksha Garg 0 Comments Income Tax, notice under the section 148, Section 148

Any taxpayer, who is aggrieved by the issuance of notice against him under section 148 and feels that such proceedings

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Income Tax 

CBDT’s Proposal to Estimate the Expected Income In Future and Its Impact on India Inc

October 2, 2017 Diksha Garg 0 Comments CBDT, Central Board of Direct Taxes

The CBDT (Central Board of Direct Taxes) has put forward a plan in front of the companies in India to

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