52. X estimated his income for F.Y.2015-2016 and calculated tax a sum of Rs.25,000 for the purpose of advance tax. He paid for the 1st instalment in time, i.e. before 15 September 2015. He failed to pay balance two instalments i.e. before 15th December and 15th March 2016. He paid the balance by way of self-assessment tax and filed the returns on 15th December 2016. Calculate the interest in default of two advance tax installments and for late filing returns!

1. Facts of the Case 2. Issues in the Case [Questions] 3. Legal Principles Covered Section 234C – Interest for Deferment of Advance Tax Section […]

51.The assessed dependent brother has to undergo bypass surgery and was hospitalized. The assessee has paid Rs.65,000 for his treatment. The assesse claimed deduction under section 80DDB towards the medical treatment expenses. The assessing officer disallowed.  his claim and added the medical expenses to his income and levied tax. Defend your client!

1. Facts of the Case 2. Issues in the Case [Questions] 3. Legal Principles Covered A. Section 80DDB of the Income Tax Act, 1961 B. […]