Bangalore recently allowed an appeal filed by JB Dairy Farms Private Limited, remanding a case concerning cash deposits made during the demonetization period back to the Assessing Officer (AO). The ...
Summary: Effective from September 1, 2024, the Budget 2025 amendments introduce block assessment procedures for search cases under Sections 158B to 158BI of the Act. A block period now includes six ...
Sources indicate that Section 234B of the Income Tax Act requires interest payment for ... necessitate payment of interest under Sections 234A to 234C and additional income tax.
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