Sec 115JB (MAT Provisions) not applicable to Actual write off, even when mentioned as provision in P&L: ITAT
New record of over 72.42 lakh (7.24 m) ITRs filed on a single day and about 5.83 crore ITRs filed till 31st July, 2022
No demand and penalty should be levied under the GST laws in absence of intent to evade tax: Delhi High Court
Constitutional validity of Section 16(2)(c) and Rule 36(4) of the CGST Rules, 2017 challenged before Gauhati High Court: Let us hope for the best
Disciplinary action against Chartered Accountant & the Limitation provided under Rule 12 of the CA (PIPAMAO) Rules, 2007
Deduction towards Bad Debts Written Off: No deduction U/s 37 permissible if a provision for expense is expressly excluded from Section 36 (1) (vii)