CBDT using data analytics, big data and artificial intelligence / machine learning for Identifying cases with high risk of tax evasion
Even if amount is Not deposited in Capital Gains Account Scheme, Section 54 F deduction can be allowed: ITAT Chennai
Validity of Cash Deposits during demonetisation period if the same is forming the part of the books of accounts
Merely because the assessee failed to submit the grounds of appeal as an attachment at the time of fling Appeal could not be a basis to pass the order ex-parte
Even if a taxpayer has rendered services on behalf of a third party, the same would not result falling within the definition of ‘intermediary, provided the taxpayer renders the services.
ITC Benefit cannot be denied based on allegations of fake invoice procurements on the supplier of the claimant
