income tax

- Sikkim have benefits for file it return up to 31-10-2011 due to earthquack  

- Income tax hire authority tack decision to re open last 15 years case pending or having suspicious into matter of black money

- Situation where assessee died and his return need to file then his legal heir should obtain own dsc and file retrun

- conversion of stock into investments and accepted by officer than claim of LTCG attacrts sec 271(1)(c) penalty

- Any inter corporate deposit can be set off as loss if any income from such deposit are made taxable by in assessing officer



Interest received on income tax refund can be set off against the interest liability of interest payable on late payment of tax due to any reason    








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