Tax Audit & Payment to the electricity board for electricity in cash exceeding Rs. 10,000 attracts disallowance u/s 40A(3) read with Rule 6DD
Updated Income Tax Return- An option to file or Revise the ITR of earlier year with additional tax payment
MCA Crackdown on Chinese Shell Companies Operating in India: Consultant Mastermind & Chief Plotter arrested by SFIO
Re-assessment proceedings beyond the limitation prescribed under the new law : Notice u/s 148 and order u/s 148A(d) for AY 2018-19 quashed by Delhi High Court
Reopening was set aside by Calcutta High Court as it was done in its entirety without giving any opportunity to reopen the matter on a different issue.
Non filing of Form No. 10B: Benefit of exemption u/s 11 cannot be denied if otherwise assessee is eligible to claim the same – Mumbai ITAT
Sec 115JB (MAT Provisions) not applicable to Actual write off, even when mentioned as provision in P&L: ITAT