Answers By Expert: Research Team
I got appointed on 11-03-2020 . the CID report on character reviced on 28-12-2020 as involve in criminal case still subjudice. I got acquitted on 28-11-2022.the acquittal order copy submitted the department also no appeal pending report regarding this matter also submitted on department 27-05-2023. Now the department serve show cause notice against me on 17-06-2023 regarding CID report and may me to reply in week, s how can i reply it
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Whether the paper book to be filed before the ITAT as well as the copy of the same whichis to be served upon the Income tax Departmental Representative be dispatched by speed post (registered post). Kindly advice
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Dear all, I had one query: An assessee had himself filed his income tax return for the F.Y. 2014-15 and inadvertently shown Income of F.Y. 2015-16 in F.Y. 2014-15. There was no income in F.Y. 2014-15 as the assessee was unemployed. Later on Return of FY 2015-16 was filed with the actual income of FY 2015-16. Can the return of income filed for F.Y. 2014-15 be deemed invalid by the Department and vacate the demand? The return of income filed for F.Y. 2014-15 was filed erroneously and there was no income during the relevant financial year and thereby NO TDS,…
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Dear Sir /Madam , pl advise on below note: Elder son looking after the family for 20 years and in this duration he buy the property in the name of Mother .Now 78 years old mother willed the property in the name of Younger brother is there any hope the edler son claim his right
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A Search and Seizure action was carried out on the residence of Mr. X and his Group Company premises. In pursuance of the said search, the Dept has issued notices u/s 148 for A.Y. 2013-14 onwards to various entities. In light of the same, Certain Notices are issued in the name of Y and Co Private Limited' which had merged with Z and Co Limited; Writ Petitions against the same are filed in light of Maruti Sukuzi (SC) and Alok Knit Exports Pvt Ltd (Bom HC). M/s. T Private Limited is also been issued with a similar notice which is…
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Third-party evidence for making a reassessment of whether valid
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is it possible to search query qua topics on this portal ?
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what is the procedure to shift file from one to other bench of itat if PAN is migrated ? If there is no address in INDIA for NRI If POA is in other city
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Assessee is an individual and his assessment U/Sec. 143(3) was completed for A_Y. 2016-17. Later on it was reopened U/Sec 147 on the ground that claim of Interest paid and allowed as deudction U/Sec 56 and assessment was completed U/Sec. 147 r.w.s. 143 (3) Assessing at same income which was earlier accepted U/sec 143(3). Again Notice U/Sec. 263 was issued on the ground that claim of interest paid and allowed by the AO is incorrect and therefore order is erroneous and prejudicial to the int of revenue and without appreciation of submission passed the order U/sec. 263 holding order passed…
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Search conducted U/Sec. 132 prior to June 2015 on Mr. X. On the basis of documents found during the course of search. Assessee Y received Notice U/Sec. 153C. In the Satisfaction Note, it is mentioned that certain documents seized during the course search at Mr. X , pertains to Mr. Y. The documents seized were slips of cash deposits in Bank. Assessee challenge the proceedings u/Sec 153C on the ground that satisfaction is incorrect as it mentioned documents pertains to Y and not Belonging to Y. Whether proceedings initiated U/Sec. 153 c are valid ?
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Show cause notice