WPRT my recent query for EXPERTS' answer , look up the UPDATE just posted drawing attention to certain recent developments ! May be, that provides a satisfactory answer to the intriguing point of concern posed- AGREE !
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Refer to the Article titled, – “Adjustment By Income Tax Department U/S 143(1)(a) In Respect Of Debatable Issue” (Posted on May 30, 2020 by editor Posted in Articles — 21 Comments ↓) EXTRACTS (: “DUE TO THE SETUP OF THE CENTRAL PROCESSING CENTRE, ALL THE INCOME TAX RETURNS FILED BY THE ASSESSEES ARE PROCESSED THROUGH COMPUTER PROCESSING. NO MANUAL INTERVENTION IS DONE. Presently the assessees are getting notices from the income tax central processing center for adjustments under section 143(1)(a) of the Income tax Act. AS PER THE NOTICES ISSUED, EXPLANATIONS ARE CALLED FOR FROM THE ASSESSEE FOR WHY ADJUSTMENT…
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Assessee is an individual and Hindu . He got married with another women in the life time of first wife. He had two children from first wife and a daughter from second wife. First wife expired and thereafter almost 25 years assessee and his second wife are living together as husband and wife and also accepted by all family and society. he had his HuF . He died with out having any will. what are rights in property of second wife and their daughter . whether they have any rights in properties of his HUF . pl guide .
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IF ex parte order is passed u/s 24[4] as above said, Is it possible to get it recalled ?
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Whether the co-parcener or Manager of Hindu undivided family may be the authorized signatory in Banks account
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Hello, Please guide as to how we can claim compensation for undivided ancestral land acquired by Govt. for Canal construction. 1. We have ancestral land that remains undivided among my grandfather and his brother and other relatives in our Village. 2. We do not have any land records however we do have possession of the said land. 3. As I'm given to understand in the land records available in the land record portal of Odisha Govt. Lot many people are mentioned in addition to my Grandfather and his younger brother,we do not know who are these people or do not…
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My Arrogant father brought few properties under my name. I trusted him, signed on documents wherever needed my signature. He never revealed the details, I never asked him. I was a fool to believe him, all this happened more than 20 years ago. These properties are now in dispute, other parties are contacting me, threatening legal actions and other consequence. I am asking my father to explain the details, but he is so arrogant, he claims it is none of my business, since those properties belong to him. I agree with him that I didn't contribute anything in purchasing the…
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What is status of HUF on death of it's Karta. The HUF was having 5 members 1. Karta 2. his Wife 3. Elder son 4. Younger Son 5. Younger Daughter. Wife of Karta is also expired & both sons are married & are karta of their own HUF. Whether elder son can become karta of HUF of his father, even though he is karta of his own HUF.
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How can a buyer ascertain whether a seller is having tax dues ? what is the liability of a buyer who has bought property from a seller having tax dues ?
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CPC System -TECH. glitches haunting as ever before honest tax payers , howsoever in a minority they are !