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Even without quoting the ITAT  decision, CIT can give the reason for the dis allowance, and the only way is to appeal. The question of section 154 does not arise, as there is no mistake apparent from the records and if the CIT (A) has not  followed any judgement of the ITAT, it is not a mistake .

Since 206aa is not withstanding  anything contained in the other provisions the tax rate will be 20percent plis cess

Sir
Now a days we have started getting  the notice under section 245 but any reply to CPC is not being entertained.When we go to the assessing officer with the details , they are not able to trace the old files and nothing is being done
It is back to square one .
regards
srinivasan

Dear All
The exemption under section 54 will be 18 akhs , th e cost of the new house
2. Rs 1.50 will be deduction  from th eincome from house property
3.80 C if any amount of loan repaid (exculding the intrest)
regards
srinivasan

This is all becasue of the law  laid down in this country .and the amendments and also the restrospective amendments 

They  are yet to take a decision whether retired mamber of the ITAT can practice and appear before the Tribunal in the same city, and i beleive  that the matter is pending.Morally this should come within the person and any amount of legal restriction cannot work.

you have not indicated , how your cllient gets income ? unless that is pecified it may not be possible to draft any agreement. Assuming your client gets commision from the foreign principal, the same is to be taxed in India ( net of expenses)

when there is a circular to mitigate the problem of the assessee ,it is to be taken  having retrospective effect and should apply to all pending appeals

Even cess need not be added if data provides for the rare of tas

PC has become and will continue... may be you get another form of fringe benefit tax

Sirs
make your client write the letter himself. as a professional if you write , it will not be possible to enter the ITO building .

 For claiming the deduction under section 54, it is not necessary that the same money is to be used.You can  beg, borrow or steal and invest to get deductin . If it is out of borrowed funds you can get he benefit of section 80C /section 22 also

There have been cases where i have gone to the bank of my client to getthe same and rectification rturn to be fled by the bank branches. It has beeninformed that  the activity has been outsourced  to a CA firm and they will  wait for many nore mistakes to be pointed out so that the rectification can be done.as "the CA charges seperately for every rectification."

since the property has been sold before the 15th sep, your client has to pay advance tax together with his other income in three instalments , and not the entire amount in Sep

Dear All
As mr majumdar has said, you have to get the TP study done
srinivasan