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Mere Disallowance Of Expenditure Or Enhancement Of Returned Income Does Not Ipso Facto Call For Penalty U/s 271(1)(C): Delhi ITAT

While holding that mere disallowance of expenditure or enhancement of returned income does not ipso facto call for the imposition of penalty u/s 271(1)(c) of Income Tax Act, the Delhi ITAT deleted. ....

Pradip Kumar Kedia , Kul Bharat , Judicial Member , Accountant Member , Delhi Itat , Eturned Income , S 271 1c Of Income Tax Act , Section 271 1b ,

Save the Children Statement on Child Tax Credit (CTC) Proposal

Save the Children praises the bipartisan Child Tax Credit (CTC) proposal released by Senator Ron Wyden and Representative Jason Smith, which would provide meaningful support to millions of children in families with low incomes. We applaud the House Ways & Means Committee for approving the measure with overwhelming bipartisan support, and urge Congress to pass this enhancement to the Child Tax Credit as quickly as possible. The bipartisan Child Tax Credit proposal is a crucial step toward. ....

United States , Jason Smith , Christy Gleason , Ron Wyden , House Ways Means Committee , Children Statement , Child Tax Credit , Senator Ron Wyden , Representative Jason Smith , House Ways , Means Committee , Vice President , Press Release Image , Press Release , Ews Release ,