Employees’ contribution paid by assessee before the due date of filing of return of income under Section 139(1) of the IT Act is an allowable deduction: Bangalore ITAT
IGST shall not be leviable on ocean freight under Notification 8/2017 IGST(R) and Entry 10 of Notification 10/2017 IGST(R).
Additions merely on the basis of information from Sales tax department/Investigation Wing without concluding independent enquiry is not sustainable
No reassessment for F.Y.s 2012-13, 2013-14 and 2014-15 if the income escaping from tax is less than Rs 50 lakh.
Income escaping Assessment of Rs. 1 Lakh Cr – Order passed by AO under section 148A(d) quashed by Delhi HC
No person shall be convicted of any offence except for violation of a law in force at the time of the commission of the Act charged as an offence
CBDT Circular regarding use of functionality under section 206AB and 206CCA of the Income-tax Act – 1961
GST: The proceedings U/s 129 of the Act should not be resorted to for every lapse and the bonafide of the case has to be seen and decided upon- Calcutta HC
Bogus Purchase & Order U/s 148A(d): Hon’ble Gauhati HC order & directs Revenue to apply mind on Assessee’s reply
Cash withdrawal being more than amount of cash deposited and its taxation as Unexplained Investment u/s 69
Validity of additions framed u/s 68 are sustainable where the assessee sufficiently established the identity, capacity and genuineness of transactions with creditors
Whether proceedings under the Income-tax Act,1961 has to be kept in abeyance once an order u/s 14 of the IBC code is passed?
The due date for filing FORM GSTR-3B for the month of April, 2022 has been extended till 24th May, 2022