Web(B) section 904 were applied on the basis of alternative minimum taxable income instead of taxable income, and (C) the determination of whether any income is high-taxed income for purposes of section 904(d)(2) were made on the basis of the applicable rate specified in section 55(b)(1) in lieu of the highest rate of tax specified in section 1. WebNotice dated 15.12.2024 under Section 144 of the Act was issued and sent again at the same address. Assessment order under Section 144 of the Act was thereafter passed on 23.12.2024 making an addition of Rs.48,53,000/ under Section 69A of the Act being unexplained cash deposit. Penalty proceedings under Sections 271(1) (c), 271(1)(b) and
26 U.S. Code § 119 - LII / Legal Information Institute
WebNov 5, 2024 · Sub : Condonation of delay under section 119 (2) (b) of the Income-tax Act, 1961 in filing of Form No. 10BB for Assessment Year 2016-17 and subsequent years-Reg. Under the provisions of section 10 (23C) of Income-tax Act, 1961 (hereafter’ Act’) where the total income, of the fund or trust or institution or any university or other ... WebNov 25, 2024 · Section 119 (2) (b) does not impose any limitation for the purposes of filing an application for condonation of delay. Therefore, it was completely wrong on the part of … porsche macan for sale brisbane
Condonation of delay under section 119(2)(b) of the Income-tax …
WebJan 9, 2015 · The AO is not accepting the time-barred Return. It says that, first you prefer an Application for Condonation of Delay to CIT and then come to me for filing Return (after obtaining permisssion from CIT for filing belated Return). Thereafter only, I can prefer Application u/s. 119 (2) (b) to CIT. My Query: WebApr 12, 2024 · Baljeet Singh Vs Income Tax Officer and Others (Punjab and Haryana HC) Learned counsel for the State has informed the Court that the show cause under Section 148A(b) of Income Tax Act, 1961, was uploaded on the portal on 21.03.2024 and the petitioner was given 04 days time to appear in the office of the respondent(s) on … WebSection 1.119-1(a)(2)(ii)(f). 7 Section 119(b)(4) was added by section 5002 of the Internal Revenue Service Restructuring and Reform Act of 1998, P.L. 105-206, and is effective for all taxable years beginning before, on, or after July 22, 1998 (the date of enactment). 8 For administrative purposes, in determining whether the porsche macan for sale aa