Income Tax Reassessment Notice should clearly specify reasons for escapement of income of assessee : High Court HIGH COURT OF DELHI RK Gupta & Son HUF v. Income-tax Officer RAJIV SHAKDHER AND MS. TARA VITASTA GANJU, JJ. W.P.(C) 17466 OF 2022 CM NOS. 55738-39 OF 2022 DECEMBER 21, 2022 Ruchesh Sinha and Samyak Jain, Advs. for the Petitioner. Ajit Sharma, Sr.… Read More »
FAQs on e-Proceedings option on Efiling Portal of Income Tax Department 1.What is e-Proceedings? e-Proceedings is an electronic platform for conducting proceedings in an end to end manner using the e-Filing portal. Using this service, any registered user (or his Authorized Representative) can view and submit response to any notice / intimation / letter issued by… Read More »
FAQs on Authenticate the Notice issued by Income Tax Department 1. Why do I need to authenticate notice/order issued to me by Income Tax Authorities? Every communication by Income Tax department issued on or after 1st October, 2019 shall bear an unique Document Identification Number(DIN). In order to satisfy yourself that the notice/order or any… Read More »
How to check Income Tax Notice online Most of the taxpayer ask this common question How to check Income Tax Notice online ? . In this article we will dicuss the procedure. This article is written by CA satbir Singh (Contact us Taxheal@gmail.com ) If you are not registered on Income tax efiling portal and… Read More »
GST Department will begin analysis of ITRs filed and MCA Filing The GST department will soon begin analysing ITRs filed by businesses and professionals and also MCA filings to ascertain if the entities are adequately discharging their GST liability and widening the taxpayer base. Currently, there are 1.38 crore registered businesses and professionals under the… Read More »
Mobile App to view Income Tax Annual Information Statement (AIS) AIS App is a free mobile application, provided by the Income Tax Department, Government of India. The app is meant to provide a comprehensive view of the Annual Information Statement (AIS), which is a collection of various information pertaining to a taxpayer. Taxpayers can provide… Read More »
ITR not invalid if request for condonation of delay in furnishing acknowledgement (ITR V) is pending : ITAT IN THE ITAT PUNE BENCH ‘A’ Anagha Vijay Deshmukh v. Deputy Commissioner of Income-tax R.S. SYAL, VICE PRESIDENT AND S.S. VISWANETHRA RAVI, JUDICIAL MEMBER IT APPEAL NO. 35 (PUN.) OF 2022 [ASSESSMENT YEAR 2015-16] JANUARY 30, 2023 Ms.… Read More »
Girish Ahuja Income Tax Books for CA, CMA, CS and Other specialised Studies Here are the list of latest Girish Ahuja Income Tax Books useful for CA, CS , CFA, CFA,MFC, MBA, M.Com and Other Specialied Studies Commercial’s Income Tax Rules ( free E-book) By Dr Girish Ahuja & Dr Ravi Gupta 12th Edition March… Read More »
New Income Tax Notice Issued for Mismatch of ITR I New E verification Scheme I CA Satbir Singh
CBDT’s e-Verification Scheme harnesses information technology to facilitate voluntary compliance On a pilot basis information of financial transactions pertaining to 68,000 cases from FY 2019-20 taken up for e-Verification e-Verification completed in approximately 35,000 cases out of 68,000 cases in the above pilot study Posted On: 13 MAR 2023 6:23PM by PIB Delhi The Income… Read More »