Madhya Pradesh quashes High Court prosecution in the absence of prima facie evidence
SWAPNIL BHATT (CASE No. 33356 of 2022)
Facts:
According to the investigator, some persons indulged in unauthorized ‘Forward Trading’ or ‘Dabba Trading’ outside the portal of MCX by ...
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The Blogs
Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying additional fee : ICSI
Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying additional fee : ICSI
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ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation u/s 143(1)
ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation u/s 143(1)
M.K. Hotels & Resorts Ltd. (I.T.A. No.57/Asr/2021)
Facts:
The return was processed u/s 143(1) of Income Tax Act and ...
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Advisory for GST Registration for banquet halls, farm house, marriage gardens, and hotels
Advisory for GST Registration for banquet halls, farm house, marriage gardens, and hotels
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Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court
Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court
The high court held that the allegations of any fake credit by the supplier cannot be the ground for rejecting the ...
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ITO cannot bypass the SC decision of Engineering Analysis while considering Sec 197 application: Delhi HC
ITO cannot bypass the SC decision of Engineering Analysis while considering Sec 197 application: Delhi HC
Milestone Systems A/S (WP No. 3639/2022)
Facts:
The petitioner entered into a Distributor Partner Agreement with various companies/entities for sale of its Software in India. ...
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Software/technical error ground can be considered by appellate authority: Bombay High Court
Software/technical error ground can be considered by appellate authority: Bombay High Court
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD
1039 WRIT PETITION NO.11908 OF 2022
M/S MEERA MEDICAL AND GENERAL STORES THROUGH ITS
PROPRIETOR MININATH SANJAY KAWADE
VERSUS
THE COMMISSIONER OF ...
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GST dept to scrutinise I-T, MCA data to identify entities not paying taxes
GST dept to scrutinise I-T, MCA data to identify entities not paying taxes
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When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial year, no material evidence may be available on the land to show that the assessee has cultivated as claimed. AO has to rely on other records: ITAT
When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial year, no material evidence may be available on the land to show that the assessee has cultivated as claimed. ...
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Income reflected in 26AS after I filed my Income Tax Return – How to rectify it now?
Income reflected in 26AS after I filed my Income Tax Return - How to rectify it now?
Query]
I have, at the advice of the team of a broker regarding the bifurcation of the portfolio, agreed to the sale of 115 ...
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Explanation 2 to section 263 inserted w.e.f. 01.06.2015 is prospective and applicable with effect from 1st June, 2015.
Explanation 2 to section 263 inserted w.e.f. 01.06.2015 is prospective and applicable with effect from 1st June, 2015.
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AO cannot change the valuation method from DCF to NAV: ITAT Chennai.
AO cannot change the valuation method from DCF to NAV: ITAT Chennai.
M/s. Brio Bliss Life Science P Ltd. (ITA. No: 3067/Chny/2019 Ltd)
Facts:
AO noticed that during the year under consideration the assessee company has received share premium of Rs. ...
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Karnataka HC directs Dept. to follow procedure prescribed in Circular to allow ITC for bonafide mistakes in returns for FY 19-20 as well
Karnataka HC directs Dept. to follow procedure prescribed in Circular to allow ITC for bonafide mistakes in returns for FY 19-20 as well
Wipro Ltd. v. Assistant Commissioner of Central Taxes
The petitioner committed error in showing the wrong GSTIN number ...
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Delhi High Court set aside Section 148A(d) order passed without considering reply of Assessee
Delhi High Court set aside Section 148A(d) order passed without considering reply of Assessee
IN THE HIGH COURT OF DELHI AT NEW DELHI
Date of decision: 01.02.2023
W.P.(C) 1244/2023
ASHOK KUMAR GARG ...
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Reassessment proceedings under section 148 of Income-tax Act, 1961 cannot be initiated merely for verification of the information reflected on the Insight Portal.
Reassessment proceedings under section 148 of Income-tax Act, 1961 cannot be initiated merely for verification of the information reflected on the Insight Portal.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 1798 OF 2022
Digi1 Electronics ...
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Accusation of fake credit by the supplier could not be a ground for rejecting the exporter’s ITC refund application
Accusation of fake credit by the supplier could not be a ground for rejecting the exporter's ITC refund application
The exporter filed a refund application of unabsorbed input tax credit, which was rejected by the GST authority. It was concluded ...
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Orissa HC allowed the taxpayer to rectify GSTR-1 even after the time limit has lapsed when the details were wrongly entered in B2C instead of B2B
Orissa HC allowed the taxpayer to rectify GSTR-1 even after the time limit has lapsed when the details were wrongly entered in B2C instead of B2B
HC observed that there will be no loss whatsoever caused to the Govt ...
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e-Verification Scheme of CBIT is another initiative facilitating voluntary compliance
e-Verification Scheme of CBIT is another initiative facilitating voluntary compliance
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