Assessee entitled to claim Input Tax Credit for the period from cancellation of registration till restoration
Validity of addition under section 153 C Of Income Tax in the absence of incriminating material being found during the search in respect of such other person in an unabated assessment
Whether secretarial auditor has to verify list of related parties disclosed in financial statements or he can simply rely on the list verified by the statutory auditors?
Now, CA, CS and CMA under PMLA net if they Enter into financial transactions on behalf of the clients
No penalty leviable if any inadmissible claim is made in return inadvertently and course correction is made before the Assessment order is passed : Delhi HC
Loss on Confiscation of Smuggled items by DRI officials cannot be claimed as Business Loss under Income Tax Act : Supreme Court
Union Finance Minister Smt. N. sitharaman chairs review meeting with Central Board of Indirect Taxes & Customs.
If provisions to tax was not available in the statute as on the date of entering into the agreement, the same cannot be made applicable subsequently