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Rectification petition u/s 154 of : Mismatch in prepaid taxes

To,

Subject: Rectification petition u/s 154 of the Income Tax Act, 1961 in case of for the assessment year

   PAN:

Respected Sir,

This is to inform that as per the records of CPC/Demand Register there is a demand outstanding for… 541 more words

Rectification Petition U/s 154 Of The Income Tax Act, 1961

Request for Intimation order u/s 143(1) prior to A.Y. 2009-2010

LETTER TEMPLATE:

To,

The Income Tax Officer,

Ward – 22(1),

Kolkata.

Subject: Request for intimation u/s 143(1) in the case of for the various assessment years. 1,270 more words

Rectification Petition U/s 154 Of The Income Tax Act, 1961

Deduction under Section 80TTA and Section 80TTB

Deduction under Section 80TTA & 80TTB of The Income Tax Act

Under Income Tax act if an Individual/HUF has a deposit in saving account, the interest received or earned on same is availed for deduction in total income. 135 more words

Thin Capitalisation Rule in India: Impact on Corporate Gurantees

The following article got published on Indian Journal of Tax Law . The article aims to analyse the impact of implicit Corporate guarantee under the garb of Thin Capitalisation rule in India  284 more words

International Tax Blog

Deduction under 80HHC of Income Tax Act to Supporting Manufacturer

“Whether in the light of peculiar facts and circumstances of the instant case, supporting manufacturer who receives export incentives in the form of duty draw back (DDB), Duty Entitlement Pass Book (DEPB) etc. 22 more words

Section 80G – Deduction on Donations

Section 80G – donations made to certain funds, charitable institutions, trusts etc

Donations made by taxpayer in the previous year to trusts, charity, certain approved funds etc are availed as deduction in total income. 257 more words

An Interesting case of the Advocate claiming deduction of Heart Surgery as a Business Expenditure! #Judicial upates

Shanti Bhushan v. CIT (2011) 336 ITR 26 (Delhi)

Facts of the case:

-In the present case, the assessee is a lawyer by profession.

-The assessee argued that the repair of vital organ (i.e. 458 more words

#judicialupdates #Incometax