Mandatory to link your Aadhaar with PAN: Deadline is 31st March 2023
In case your PAN is not linked with Aadhaar, the PAN will become inoperative from 1st April 2023 .Please click on the link below to check status .
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The Blogs
Cash deposits in bank account of one Person after withdrawing it from the account of other Person
Cash deposits in bank account of one Person after withdrawing it from the account of other Person
Cash deposits in bank account of one Person after withdrawing it from the account of other Person
Entries in the bank statement of the ...
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Amendments to the Finance Bill 2023 while Passing throush Loksabha
Amendments to the Finance Bill 2023 while Passing throush Loksabha
The Finance Bill, 2022 (Amended Bill) was passed by the Lok Sabha on 25 March 2022 with amendments to the original Bill that was tabled before the Lok Sabha on ...
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Manual on Filing an Appeal against Demand Order ( Form GST APL-01)
Manual on Filing an Appeal against Demand Order ( Form GST APL-01)
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Indexation benefit is available to an inherited property from the date of acquisition by first owner: ITAT Mumbai
Indexation benefit is available to an inherited property from the date of acquisition by first owner: ITAT Mumbai
ITO v. Sohrab Fali Mehta [TS-117-ITAT-2023(Mum)]
Facts:
The Assessee, a US resident, earned income from long-term capital gains from the sale of shares ...
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Mere typographical/human error committed by the assessee cannot cost them payment of excess tax
Mere typographical/human error committed by the assessee cannot cost them payment of excess tax
Powers of Commissioner of Income-tax u/s 264 of the Income-tax Act, 1961 it to prevent miscarriage of justice being rendered i.e. the Revenue is sought to ...
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Roll out of ‘AIS for Taxpayer’ Mobile App
Roll out of 'AIS for Taxpayer' Mobile App
ITD has launched a mobile app ‘AIS for Taxpayers’ to enable taxpayers to view their info as available in Annual Information Statement(AIS)/Tax Information Summary(TIS).
This will provide enhanced taxpayer service & ease of ...
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3 Maharashtra GST officials involved in fake raid dismissed through newspaper ad
3 Maharashtra GST officials involved in fake raid dismissed through newspaper ad
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Madhya Pradesh quashes High Court prosecution in the absence of prima facie evidence
Madhya Pradesh quashes High Court prosecution in the absence of prima facie evidence
SWAPNIL BHATT (CASE No. 33356 of 2022)
Facts:
According to the investigator, some persons indulged in unauthorized ‘Forward Trading’ or ‘Dabba Trading’ outside the portal of MCX by ...
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Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying additional fee : ICSI
Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying additional fee : ICSI
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ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation u/s 143(1)
ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation u/s 143(1)
M.K. Hotels & Resorts Ltd. (I.T.A. No.57/Asr/2021)
Facts:
The return was processed u/s 143(1) of Income Tax Act and ...
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Advisory for GST Registration for banquet halls, farm house, marriage gardens, and hotels
Advisory for GST Registration for banquet halls, farm house, marriage gardens, and hotels
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Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court
Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court
The high court held that the allegations of any fake credit by the supplier cannot be the ground for rejecting the ...
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ITO cannot bypass the SC decision of Engineering Analysis while considering Sec 197 application: Delhi HC
ITO cannot bypass the SC decision of Engineering Analysis while considering Sec 197 application: Delhi HC
Milestone Systems A/S (WP No. 3639/2022)
Facts:
The petitioner entered into a Distributor Partner Agreement with various companies/entities for sale of its Software in India. ...
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Software/technical error ground can be considered by appellate authority: Bombay High Court
Software/technical error ground can be considered by appellate authority: Bombay High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD
1039 WRIT PETITION NO.11908 OF 2022
M/S MEERA MEDICAL AND GENERAL STORES THROUGH ITS
PROPRIETOR MININATH SANJAY KAWADE
VERSUS
THE COMMISSIONER OF ...
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GST dept to scrutinise I-T, MCA data to identify entities not paying taxes
GST dept to scrutinise I-T, MCA data to identify entities not paying taxes
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When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial year, no material evidence may be available on the land to show that the assessee has cultivated as claimed. AO has to rely on other records: ITAT
When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial year, no material evidence may be available on the land to show that the assessee has cultivated as claimed. ...
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Income reflected in 26AS after I filed my Income Tax Return – How to rectify it now?
Income reflected in 26AS after I filed my Income Tax Return - How to rectify it now?
Query]
I have, at the advice of the team of a broker regarding the bifurcation of the portfolio, agreed to the sale of 115 ...
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