Income Tax News, Judgments, Act, Analysis, Tax Planning, Advisory, E filing of returns, CA Students

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Section 132

undisclosed income found during search/survey to be distributed to members of the family running the business 2 min read

Income Tax

undisclosed income found during search/survey to be distributed to members of the family running the business

Sourav 8 years ago

Section 132 of the Income Tax: It is but natural that the undisclosed income found during search/survey has to be distributed to all the members... Read More

Sections 132 and 158BC/158BD of the Income Tax- Warrant in name of Dead Person does not make proceedings invalid

Warrant in name of a dead person does’t make 158BC/158BD proceedings invalid: Gunjan Girishbhai Mehta vs. DIT (Supreme Court) 2 min read

Income Tax

Warrant in name of a dead person does’t make 158BC/158BD proceedings invalid: Gunjan Girishbhai Mehta vs. DIT (Supreme Court)

Sourav 8 years ago

Where the assessee has attended proceedings under section158BC, are subsequent actions inder 158BD invalid if warrant is in name of dead person... Read More