Under Section 75(4) of the Act, an opportunity of hearing shall be granted on the request made by the assessee or where any adverse decision is contemplated against such person: Madras HC
Compensation for sterilisation of profit earning source is a capital receipt not taxable: ITAT Ahmedabad
Notice dated 31st March 2022 served by email on 16th April, 2022 is a not valid issue of notice u/s 148 of the Income-tax Act,1961
Deposit of electricity duty in no-lien escrow account do not satisfy the conditions of payment for the purpose of Section 43B of the Income-tax Act 1961
AO should not take a call on how the assessee should organise his fiscal affairs so as to serve the interests of revenue authorities. : Mumbai ITAT
Letting out of the land independently which is part of the business asset of the assessee can be treated as income from business only
CBI REGISTERS A CASE AGAINST POSTAL OFFICIAL ON THE ALLEGATIONS OF CBI REGISTERS A CASE AGAINST POSTAL OFFICIAL ON THE ALLEGATIONS OF MISAPPROPRIATION OF RS.1.62 CRORE (APPROX) AND CONDUCTS SEARCHES
Standard Operating Procedure (SOP) for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration under section 30 of the DGST Act, 2017 and rule 23 of the DGST Rules, 2017 – reg.
Reason for reopening” is the document which requires threadbare analysis and careful consideration: Bombay High Court
“This is a fit case where this Assessing Officer should be saddled with substantial cost to drive home a message that this kind of attitude will not be tolerated ever”: Bombay HC in a case decided under faceless assessment scheme
No addition under section 68 possible for cash deposit in the bank account if taxpayer is following presumptive scheme of taxation
