How do you claim a tax deduction after the time to file a revised return is over?

Once the time to file a revised tax return is over, you often realise that [...]

All 148 Notices Issued by AO Under His Signature After 29th March 2022 are Void!

Section 148 notice is sent in case of reassessment proceeding after the order u/s 148A [...]

TDS Deposit: Are You Paying Excess Interest for Delay in ?

When there is a delay in TDS deposit,  interest is payable by you on the [...]

Power u/s 263 Can’t Be Used by CIT on Issues Pending Before CIT(A)

Can Commissioner of Income Tax (CIT) use power u/s 263 of the Income Tax Act [...]

Can ITAT Stay Set Aside Proceeding Initiated as per Order u/s 263 ?

Section 263 of the Income Tax Act provides power to the Commissioner of Income Tax [...]

Reassessment : Audit Objection That is Another Opinion is Not Good Enough !

Finance Act 2021 brought in a definition of “information” , based on which the AO [...]

Meaning of “By way of loan or advance”

The meaning of by way of loan or advance under section 2(22) of the Income [...]

Meaning of “Cottage industry”

The meaning of cottage industry under section 80P of the Income Tax Act is not [...]

Meaning of “Constructional or manufacturing operations”

The meaning of constructional or manufacturing operations under section 10(5B) of the Income Tax Act [...]