March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 147 : Income escaping assessment147. If the Assessing Officer has reason to believe that any income chargeable to tax […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 146 : Reopening of assessment at the instance of the assessee146. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 145A : Method of accounting in certain cases145A. Notwithstanding anything to the contrary contained in section 145,— (a) the valuation of purchase […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 145 : Method of accounting145. (1) Income chargeable under the head “Profits and gains of business or profession” or […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 144C : Reference to dispute resolution panel144C. (1) The Assessing Officer shall, notwithstanding anything to the contrary contained in this Act, […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 144BA : Reference to 97[Principal Commissioner or] Commissioner in certain cases144BA. (1) If, the Assessing Officer, at any stage of the assessment or reassessment proceedings […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 144B : Reference to Deputy Commissioner in certain cases144B. [Omitted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1- 4-1989. Original section […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 144A : Power of88[Joint Commissioner] to issue directions in certain cases144A. A Joint Commissioner may, on his own motion or on a reference being made […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 144 : Best judgment assessment144. (1) If any person— (a) fails to make the return required under sub-section (1) […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIV - Procedure for assessment Income-tax Act 1961Section – 143 : Assessment143. (1) Where a return has been made under section 139, or in response to […]