Answers On Category: Income-Tax
How to withdraw a appeal . I have got signed letter from client . How to submit application online ? or do i have to go to department ? any help is highly appreciated . Thanku in advance
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I had filed a return of income tax u/s 139(1).The AO(CPC) did not allow certain deductionswhich resulted in demand as per the intimaution under section143(1).Thereafter assessee moved an application for rectification u/s 154.The rectification application was rejected.Thereafter assessee filed an appeal before the CIT(Appeals) and also applied for rectification again. Appllication for rectification given second time is accepted by the AO(CPC) and it is in favour of the assessee My Query: Is it possible to withdraw the appeal before the CIT(Appeals) And How to do the process online
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I have transferred some shares to my wife. The income from dividends is offered by me u/s 64 for taxation. However I do not get the benefit of TDS made on those dividends. What steps I am required to take to claim the TDS in my return which is shown in her Form 26AS.
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Post "New Noble Educational Society 'judgement of SC, what is Reasonable mark up ? Whether section 11 is virtually overridden? Is it at par with now litigation in Transfer pricing ?
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IS ECL required to be added back for MAT purposes if a company is covered by IND AS ?
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can LTCG on land be set off against LTCL in shares before the date of grandfathering was introduced ?
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when profit as per IND AS is more than one worked out under ICDS which will affect book profit under MAT ?
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Is Maharashtra Project Affected Persons liable to capital gains on alternative flat allotted free?
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I have received IT department's summons under section 131(1A) for AYs 2016-17 and 2017-18 requiring me to disclose my financial interest in 2 foreign accounts that I held at that time, one was a foreign brokerage account and the other was a foreign pension account (IRA). I am still holding the brokerage account. As I was RNOR in both these years, hence I did not disclose my foreign income/assets in the IT returns that I filed for these years. Also, I was a NRI for 9 prior years, which is when I opened these accounts and all the funds deposited…
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withdrwal of appeal