Validity of Reopening on a new ground different from the ground on which notice was issued U/s 148A

Bad Debts Written Off: If a provision for expense is expressly excluded from Section 36 (1) (vii) then such a provision cannot claim deduction under Section 37 of the IT Act even on the basis of “real income theory”.

Sum paid by custom house agent to container freight station agent is liable to sec. 194C TDS: ITAT

Amendment in section 36(1)(va by the Finance Act- 2021 don’t have the retrospective application: Nagpur ITAT

Reopening Proceedings Quashed by Calcutta High Court as the information has been lightly used which resulted in issuance of notice.

Compensation for compulsory acquisition of Land, whether agricultural or non agricultural is exempted from Income Tax: ITAT

Bombay High Court also stays the reassessment preceding beyond 6 Years- An interim relief Granted

Delhi High Court also admitted petition against reopening U/s 148A(d) -Granted Interim Relief

Reassessment proceeding beyond 6 Years stayed by Calcutta High Court as an interim relief

Quashing of Benami Law’s Retrospective Effect: A short Overview

Order Passed under Section 143(1) is NOT an Assessment: Delhi High Court

Whether GST on Charging Electric Vehicle (EV) is chargeable @ 18% or it is exempt? Whether it is sale of Electricity which is exempt by virtue of exemption notification?

Get Ready for Budget–2023: Enhanced limit for Tax Audit likely

Get Ready for Budget–2023: Enhanced limit for Tax Audit likely

Summary in Form DRC-01 can’t be a substitute of SCN under section 74(1): Jharkhand HC

Cancellation of registration based on vague SCN and non-speaking order quashed by Gujarat HC

Relaxation in condition for availing the Foreign Tax Credit by filing Form No. 67

Finally, Reopening proceeding beyond 6 years quashed by Calcutta High Court being barred by limitation