Stories with the ‘ tag ‘ you searched for "Income Tax Act 1961"

Leave Travel Concession Is For Travel Within India; TDS To Be Deduced From LTC If Foreign Visit Is Involved : Supreme Court
Profit Oriented Educational Trusts Can't Claim Income Tax Exemption; Education Must Be Sole Objective : Supreme Court
Employers Have To Deposit Employees' Contribution Towards EPF/ESI To Avail Deduction U/Sections 36(1)(va) & 43B of Income Tax Act : Supreme Court
Gains Arising Out Of Sale & Purchase Of Shares Is 'Capital Gain', Not 'Business Income': Calcutta High Court Calls It A Question Of Fact
S.279(2) Income Tax Act | Authority Can Compound Offence Before Conviction But Not Thereafter: Madhya Pradesh High Court
Supreme Court To Hear Plea Challenging ICAI Rule Limiting Number Of Tax Audits By Chartered Accountants Per Year
Appeals Against ITAT Order Will Lie Only Before The High Court Within Whose Jurisdiction The Assessing Officer Is Situated: Supreme Court
Activity Of Chemist/Pharmacy Is Incidental To Dominant Object For Running A Hospital: ITAT
Expenditure In Carrying Out Foreign Travel Directly Relating To Securing Capital Investment In The Business Is Capital In Nature: ITAT
Gain Or Loss Arising Out Of Change In Foreign Exchange Rate Can Be Treated As An Income Or Loss After Computation: ITAT
Illegal Demand Of Income Tax Mechanically- Allahabad High Court Imposes Cost Of 50 Lakhs On Income Tax Authorities
S.148A Income Tax Act | Writ Court Can't Interfere Where Statutory Authority Follows Procedure & Proceedings Have Not Yet Concluded: P&H High Court