AO cannot increase the scope of scrutiny without prior approval of the CIT
The ITAT, Amritsar has recently held in the case of Smt. Gurpreet Kaur (PAN: BRTPK1192A) vs. Income Tax Officer, H/No.812, Rishi Nagar, Ward III (4),... Read More
Special Audit
Which Accounts can be made subject to Special Audit under section 142(2A) by Assessing Officer?
2 min read
The amendment in the taxation laws in 1975, brought in to existence the sub-section (2A) to section 142 of the Income tax act of India.... Read More
Employer can forfeit gratuity of an employee in case of moral turpitude 
Diving Deeper: The Impact of the New Tax Bill on Dairy and Farming Income 
Bombay High Court Upholds Section 271(1)(c) Penalty for Deliberate Non-Disclosure 
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act