Budget 2012: ECB Allowed for Aviation Sector for Working Capital in view of difficulties faced by aviation industry

11:30 AM Rajiv Gandhi Equity Investment Scheme for deduction upto Rs. 50,000 for assessees with Income upto Rs. 10,00,000 details to be released later

The First Knowledge Challenge Showdown is on 04th Feb, 2012 The Topics for Challenge are:

It is a game where one person challenges all his other colleagues that nobody has better knowledge than him on a particular subject. One week after the challenge, “The Showdown” happens where all the other colleagues ask the challenger, questions related to the topic of challenge and then winner is chosen among these based on …

Free Indian Case Law Search Engine – www.indiankanoon.org

legal misinterpretation by Assessing Officer in framing original assessment cannot be the basis of initiation of Assessment Proceeding u/s 147

no addition can be made on other grounds, if the Assessing Officer doesn’t make any addition on the primary ground on the basis of which proceeding u/s 147 were initiated.

where ITR-V for e-return was not received by the CPC, Banglore inspite of the same being posted by ordinary post on various dates, then the return cannot be treated as invalid

Ministry of Corporate Affairs has once again extended the date for filing of DIN 4 for updation of PAN in DIN No of directors to 29th February, 2011

Non-Deduction of TDS due to bonafide wrong interpretation of Law is reasonable cause u/s 273B for Non Levy of Penalty u/s 271C