Taxpayers can’t be penalized for failure to get its Book of Accounts audited if there exists reasonable cause for such failure: Jaipur ITAT
Delhi ITAT quashed assessment passed without application of mind as approving Authority has acted as mere rubber stamp while granting approval u/s 153D
If the source of cash deposit is withdrawal and can be proved, cash deposit cannot be added U/S 68: ITAT
Whether a foreign company whose income is not taxable in India on account of application of DTAA can be issued notice u/s 148 for filing return of income without dealing with objections filed in response to notice u/s 148A(b)
HC allowed refund on export where services are supplied by petitioner to its subsidiary which is outside India
Undisclosed income cannot be computed solely on the basis of the statement made during the search: Delhi HC
Guidelines for initiation of recovery proceedings before three months from the date of service of demand order
Assessee entitled to interest on GST Refund from the date of expiry of 60 days from the date of first application even if succeeded in appeal
Appellate Authority dismisses appeal due to payment of pre-deposit in Electronic Credit Ledger rather than Electronic Cash Ledger.
