Investment and Taxation of Senior Citizens Saving Scheme & Sukanya Samridhi Yojana

ITAT disallows Income Tax deduction on employees’ contribution to PF & ESI beyond the Due Dates

Monthly rental compensation paid during redevelopment of society is a capital receipt: ITAT

Authorities are required to grant personal hearing even if not sought by the taxpayer for adverse orders

Without Corroborating Evidence, Addition Can’t Be Made On The Basis Of A Declaration Made U/s 132(4) Of The Income Tax Act : ITAT

No Penalty leviable under section 271C on mere delay in remittance of the TDS after deducting the same

Taxability of Vouchers, Coupons, Gift Card, Prepaid Card

Assessments cannot be made U/S 153A in case no incriminating evidence is found during search

SC denies GST credit on goods subjected to penal proceedings?

Confiscated goods cannot be claimed as a trading loss incidental to business: SC

Controversy over existence of seized “incriminating material” for re (assessment) under section 153A/153C of the Income Tax Act laid to rest by the Hon’ble Supreme Court!

AO cannot make an ad hoc disallowance of expenses for want of support for each expense without pointing to defects in vouchers on a sample basis

If the Assessing Officer has followed a decision of the High Court holding the field, the order of the Assessing Officer cannot be said to be erroneous

GST Advisory on Bank Account Validation

Without pointing to defect in the vouchers, ad hoc disallowance of 10% cannot be made: ITAT Delhi

When addition has been made under the Black Money Law, double addition cannot be made under Income Tax Act: ITAT Delhi

Higher Rate of Tax collection at source on foreign remittances @ 20%

Whether diminution in the value of investment is eligible for deduction while computing book profit u/s 115JB?