What are the orders of A. O. against which appeal to CIT(A) can be filed?

Section 246A of Income Tax Act 1961 provides exhaustive list of A.Os orders which are appealable. But in simple terms , one should know that appeal can be filed against

1.intimation u/s 143(1) served on you.

2. Assessment order passed by A.O

3. Penalty orders

4. Any other order passed by

Full Story »

Circular on FBT Advance Tax Adjustment Issued!

Section 115WM of the Income-tax Act, 1961 – Income-tax on fringe benefits – Chapter XII-H not to apply after a certain date – Adjustment of advance tax in respect of fringe benefits for assessment year 2010-11 against advance tax
Circular No. 2/2010, dated 29-1-2010

Full Story »