Income TaxNo penalty for not filing Part B of the E-way bill because of technical issues.30 Mar 20240No 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 20240Tax 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 20240No 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 20240Photocopy 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 20240ITAT 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 20240Payment 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 20240GST 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 20240Services 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 20240Electoral 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 20240No 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 20240Draft 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 20240GST 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 20240Notice 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 20240Taxation 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 20240Registered 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 20240GST 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 20240Expenses 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 20240Checklist for 31st March, 2024 1. Income Tax: (i) Make necessary investments eligible for deductions thereby reducing taxable…