Month: May 2025

Recent Posts

• If the tax effect as per the computation form provided by AO is below Rs. 60 lakhs, the appeal is liable to be dismissed on the ground of low tax effect: Delhi ITAT
• No proposal to levy GST on UPI Transactions over ₹ 2,000 Government Clarfiied
• Hyderabad ITAT deleted demonetization cash deposit addition as no concrete basis existed for treating the higher sales in that month as fictitious
• Documents signed by 3rd party cannot be held to be colorable devise without verification.
• CBIC issued Standard Operating Procedure (SOP) for GST Registrations
• If the notice is digitally signed on 01-04-2021 at 12.45 am then such notice is barred by the limitation u/s 148: ITAT Rajkot
• Unsigned & Unverified papers cannot form the basis for addition u/s 69B
• No Seizure of Currency or Valuables Without Proper Basis – Supreme Court Affirms Limits on CGST Officer’s Power
• Bona Fide Belief With Genuineness Of Transaction Constitutes Reasonable Cause U/S 273B: Chhattisgarh HC
• Short overview of the CARO 2020- What it covers?