POEM- Whether Music to Ears?

Dr. Rakesh Gupta, FCA, FCS, AICWA, MBA, LLM, PhD Ex-Member, Income Tax Appellate Tribunal Somil Agarwal, ACA, ACS, ACMA, DISA, LLM (U.K.) RRA TaxIndia, Tax Advisors & Advocates Introduction Taxability of income under the Income Tax Act is dependent, interalia, on...

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Penalty under section 271AAD- Facets and Fallout

Dr. Rakesh Gupta, FCA, FCS, AICWA, MBA, LLM, PhD Ex-Member, Income Tax Appellate Tribunal Somil Agarwal, ACA, ACS, ACMA, DISA, LLM (U.K.) Advocates Introduction Chapter XXI of Income Tax Act, 1961 is replete with penal provisions right from section 270A to section...

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