Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
Have a Current/Savings Bank Account? Know the Cash Deposit Limits under Income Tax Act to avoid Penalties and Notices
Adhering to cash deposit and withdrawal limits is crucial to remain compliant with the Income Tax Act in India. This article aims to elucidate the...
Income Tax Dept issues Notices on Saturday asking Production of Documents on Monday, sparks outrage among CA, Tax Professionals
Ideally, tax should be levied like how a honey bee collects honey from flowers. What Chanakya said, explaining Raj Dharma, was that a government should collect taxes in the manner a honey bee...
ICAI proposes to Empanel Members as Observers for upcoming May/June 2024 Chartered Accountants Exams
The Institute of Chartered Accountants of India ( ICAI ) has announced the empanelment of members to act as observers at the upcoming Chartered Accountants Examinations scheduled for May/June 2024....
Belief formed by AO vague, far-fetched & irrelevant: Jharkhand HC quashes Income Tax Penalty & Demand [Read Order]
The Jharkhand High Court held that belief formed by Assessment Order is vague, far fetched and irrelevant, while quashing the income tax penalty and demand raised towards the assessee-company. The...
![Belief formed by AO vague, far-fetched & irrelevant: Jharkhand HC quashes Income Tax Penalty & Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Jharkhand-High-Court-Income-Tax-Penalty-Income-Tax-Penalty-and-Demand-TAXSCAN.jpg "Belief formed by AO vague, far-fetched & irrelevant: Jharkhand HC quashes Income Tax Penalty & Demand [Read Order]")
