If the transactions are genuine and supported by valid documents then the ITC cannot be denied: Calcutta High Court
No Date Extension? 3.59 crore Income Tax Returns filed on the new e-filing portal of the Income Tax Department
ITC can be availed on plant & machinery as defined in the explanation to Section 17 i.e., on apparatus, equipment & machinery fixed to earth by foundation or structural support
TDS mechanism cannot be put into practice until identity of the person in whose hands, it is includible as income can be ascertained.
National Chamber of Industries & Commerce, U.P. gave elaborated Pre Budget Memorandum to the Finance Minister Smt. Nirmala Sitharaman: Represented for taxation of agricultural income in the hands of the corporate
Loss on account of forfeiture of advance if incidental to the business of the assessee is allowable as a deduction
Reassessment Notice issued after 01/04/2021 without following new procedure quashed by Delhi HC: Biggest relief to the taxpayers
Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT
Clarification of holding of Annual General Meeting (AGM) through video Conference (VC) or Other Audio Visual Means (OAVM)
Delhi HC Quashed notices issued under section 148 after 31.3.21 without complying with provisions of section 148A.
Land under the aegis of a town planning authority but administered by a gram panchayat is not a capital asset: ITAT Ahmedabad
A statement recorded during the course of search cannot be considered an incriminating material in order to make addition in an unabated assessment year
