Aishwarya Rai Bachchan wins Rs 4 crore income tax battle in ITAT Mumbai; Know how disallowance of income works

Aishwarya Rai Bachchan has won a significant income tax battle in ITAT Mumbai. The tax department had sought to disallow Rs 4 ...
Tax Guru

CIT(E) Cannot Reject 12AB Registration Based on Profit or Financial Analysis

ITAT Chennai ruled that the CIT(E)'s scope for Section 12AB registration is limited to verifying charitable objects and activity genuineness, not conducting a full assessment of commercial income. The ...
Tax Guru

Can the CIT(A) Consider an Altogether New Source of Income?

Section 251 grants CIT(A) co-terminus powers with the AO to confirm, reduce, or enhance assessment. However, Supreme Court rulings restrict the CIT(A)'s power to enhance by introducing a new source of ...
The Southern Maryland Chronicle on MSN

SMCSO Six Complete 40-Hour CIT Crisis Course

Six members of the St. Mary’s County Sheriff’s Office completed a 40-hour Crisis Intervention Team training session Oct. 27-31 at the Harry Lundeberg School of Seamanship, gaining skills to handle ...