Sarvajit Bhatia Vs ITO (ITAT Delhi) ITA No. 6695/Del/2018 21/08/2019 2015-16 FULL TEXT OF THE ITAT JUDGEMENT This appeal filed by the assessee is directed against the order dated 29.08.2018 of the CIT(A)-19, Faridabad relating to A. Y.2015-16. 2. Facts of the case, in brief, are that the assessee is an individual and derives income from… Read More »
Time limits for completion of Income Tax Assessment As per Finance Bill 2017 Table of Time limits for completion of Income Tax Assessment Section Particulars Applicable from Time limit 139(5) Time limit for furnishing revised return Assessment year 2018- 19 and onwards Up to the end of the relevant assessment year or before the completion of… Read More »
Finance Bill 2016 Revision of Belated Return Relevant extract of proposed amendment in section 139(5) is as follow :- It is also proposed to substitute sub-section (5) of the aforesaid section so as to provide that if any person, having furnished a return under sub-section (1) or under sub-section (4), or in a return furnished… Read More »