No investment made after claiming Sec. 54B relief can’t be held as willful tax evasion if facts weren’t suppressed: HC
Expenses incurred to raise floor height of warehouse to prevent water logging during monsoon is revenue exp.: HC
Condonation of delay under Section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10B for Assessment Year 2018-19 and sequent years
Widening the scope of digital signature: Form No.3CEF,101A,68,etc made mandatory for digital signature
Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss
Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi HC
Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings:
Fine of Rs. 17,000/- on the company and Directors for not furnishing CIN on letter head of the company
Notice calling for suggestions, views, comments etc. from stakeholders on comprehensive changes in FORM GSTR-3B