Purchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of Suncraft Energy Pvt. Ltd dismissed by the Supreme Court

Whether the nominee of shares has absolute rights or his rights are subject to laws of succession?

31st December 2023: File the Return or Revise the Return

Change of Shareholding : Sec 79 is not applicable to unabsorbed depreciation and capital losses

Allow to revise bonafide error in GSTR -1 : Bombay HC

No retrospective effect of the Benami Law: Bombay HC

Bombay HC upholds the validity of the amendments made to the Finance Act 2015

Absence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing any evidence

Expiry of the E-way Bill – Whether authenticity of transaction can be disputed?

Statutory and Tax Compliance Calendar for December 2023

Women can be Karta of an HUF: Delhi HC

Advance tax is payable on capital gain Income also

Assessment Orders solely based on AIR information is unsustainable: ITAT Mumbai

‘This is Not Emergency’ Guj HC slams I-T sleuths

Maintenance of books of accounts by Trusts: Rule 17AA

Reason to suspect is not reason to believe and cannot be a basis for reassessment proceedings: Delhi HC

Re-assessment proceedings without an approval as envisaged u/s 151 of the Act would be non-est and liable to be quashed:ITAT Dehradun

Govt to mandate e-invoice for B2C transactions in 2-3 Years