Income TaxNo penalty for not filing Part B of the E-way bill because of technical issues.30 Mar at 11:37 am0No penalty for not filing Part B of the E-way bill because of technical issues. The Hon’ble Allahabad High…
Income TaxTax dept detects HRA fraud with illegal usage of PANs30 Mar at 5:46 am0Tax dept detects HRA fraud with illegal usage of PANs The copy of the order is as under:…
GSTNo Penalty If Taxes and Interest Paid Before Issuance of GST SCN : Telangana HC29 Mar at 2:25 pm0No Penalty If Taxes and Interest Paid Before Issuance of GST SCN : Telangana HC The Hon’ble Telangana…
Income TaxPhotocopy of any documents don’t have any evidentiary value & cannot be relied if it is not backed by other corroborative evidence: Delhi High Court29 Mar at 10:08 am0Photocopy of any documents don’t have any evidentiary value & cannot be relied if it is not backed by other…
Income TaxITAT Delhi deleted addition u/s 69A towards unexplained cash deposits in the bank account as AO could not bring any adverse material to treat as unexplained29 Mar at 6:03 am0ITAT Delhi deleted addition u/s 69A towards unexplained cash deposits in the bank account as AO could not bring any adverse…
TDSPayment to Doctor by Company running Hospital is liable for TDS U/s 194J and not U/s 19229 Mar at 5:30 am0Payment to Doctor by Company running Hospital is liable for TDS U/s 194J and not U/s 192 In a recent…
GSTGST on Online Games28 Mar at 1:15 pm0GST on Online Games Introduction Before amendment brought in by Central Goods and Services Tax Amendment Act 2023, GST…
GSTServices and Accounting Code (SAC): An overview28 Mar at 6:04 am0Services and Accounting Code (SAC): An overview The SAC (Services and Accounting Code) code is a categorization system used…
Income TaxElectoral Bond Issue & Impact of Supreme Court Judgement on Political Contributions : Short Overview28 Mar at 5:34 am0Electoral Bond Issue & Impact of Supreme Court Judgement on Political Contributions : Short Overview 1. The Supreme Court…
GSTNo GST on renting of hostel rooms for residential purpose: Madras HC27 Mar at 6:01 am0No GST on renting of hostel rooms for residential purpose: Madras HC In a significant ruling, the Madras High…
Income TaxDraft assessment order not provided before final Order: Calcutta HC set aside assessment27 Mar at 5:22 am0Draft assessment order not provided before final Order: Calcutta HC set aside assessment to the assessee for filing objections…
GSTGST State Code List and Jurisdiction26 Mar at 6:53 am0GST State Code List and Jurisdiction While migrating to a GST registration or while going for a new registration,businesses would…
Income TaxNotice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality: Allahabad HC26 Mar at 6:37 am0Notice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality:…
Income TaxTaxation of unexplained income or investment26 Mar at 6:19 am0Taxation of unexplained income or investment 1.Sec .68 of Income Tax Act– Cash Credits Where any sum is found…
Income TaxRegistered Vs. Unregistered MSME: Disallowance for delayed Payment 26 Mar at 5:36 am0Registered Vs. Unregistered MSME: Disallowance for delayed Payment Query 1] If a person is a MSME registered enterprise and…
GSTGST Demand cannot be raised based on Profit and Loss Account figures23 Mar at 10:19 am0GST Demand cannot be raised based on Profit and Loss Account figures In a significant ruling, the Madras High Court…
Income TaxExpenses wholly incurred for transfer is allowable as a deduction while computing capital gains:23 Mar at 5:29 am0Expenses wholly incurred for transfer is allowable as a deduction while computing capital gains: Adil Rehman, Hyderabad (ITA No.…
GSTIncome TaxChecklist for 31st March, 202422 Mar at 10:36 am0Checklist for 31st March, 2024 1. Income Tax: (i) Make necessary investments eligible for deductions thereby reducing taxable…