Trademark depreciation and section 14A adjustments: ITAT applies consistency, independent book-profit computation, and no disallowance without exempt ...
Rebuttable search presumptions and corroboration standards shaped deletion of unsubstantiated additions, while rental income and limited profit estima...
The Instruction issued by CBDT outlines significant changes in the allocation of work to Commissioners of Income-tax (Judicial) (CIT(J)) in light of the implementation of faceless assessment and appeals schemes. - CIT(J) will serve as the nodal office for all matters related to the jurisdictional High Court and coordinate with counterparts for other High Courts. Their primary responsibility is to ensure uniform enforcement of the Income-tax Act, 1961 within the jurisdiction of the respective Principal Chief Commissioners of Income-tax (Pr. CCIT).
The Instruction issued by CBDT outlines significant changes in the allocation of work to Commissioners of Income-tax (Judicial) (CIT(J)) in light of the implementation of faceless assessment and appeals schemes. - CIT(J) will serve as the nodal office for all matters related to the jurisdictional High Court and coordinate with counterparts for other High Courts. Their primary responsibility is to ensure uniform enforcement of the Income-tax Act, 1961 within the jurisdiction of the respective Principal Chief Commissioners of Income-tax (Pr. CCIT).
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