Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

CBDT Circular 28/2016 –belated but beneficial for senior citizens- a pointer on attitude of un-necessary litigation by tax department on petty concessions also

Income Tax - Direct Tax Code - DTC - By: - CA DEV KUMAR KOTHARI - Dated:- 2-8-2016 - CBDT vide Circular 28/2016 dated the 27th of July, 2016 Prabhu Dayal Sesma vs. State of Rajasthan & another [1986 (8) TMI 443 - SUPREME COURT] Recent Circular: T .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

year. The Board has clarified this position in view of judgment of the Supreme Court which was reported long ago in the year 1948 (supra). Therefore a person born on 1st April 2015 will attain age of one year on 31st March 2016. Common understanding .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ril 2016 and we say he / she has started second year of his life. At older age we also say, on date of birth one more year of life has lapsed and remaining years of life has reduced by one year. Wishing happy birth day at midnight of the birth date g .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the date of birth. Why doubt and confusion? On this aspect there should not be a doubt or confusion. If a person particularly a senior citizen or very senior citizen born on 1st April has claimed benefit on basis of 31st March. How may such assesses .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

senior citizens, it should have been liberally considered by the tax authorities without raising a doubt or confusion. Even if two views are possible then a view in favour of assessee should have been adopted. Doubts, confusions and then clarificati .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version