Tuesday, 30 July 2013

WARNING: DONT USE MOBILE PHONE APPS FOR INCOME TAX RETURN

There are Mobile applications which are not approved by the Income Tax Department. Users are advised that they may not be according to Department data structure. Filers using them are doing at their own risk.
Source- Incometaxindiaefiling.gov.in

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SC holds extended period cannot be invoked if allegations are not justified in the show cause notice issued under section 74

  This Tax Alert summarizes a recent judgement of the Supreme Court (SC) [1] on whether a show cause notice (SCN) under Section 74 of the ...