Revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year and 36% over 2019-20
Income Tax Department conducts search operations in Maharashtra, Gujarat and Delhi on certain Indian companies and their associate concerns, controlled by a neighbouring country
Bringing the textile Industry again under tax net itself was a big blow to the entire textile Industry.: CAIT
Excess stock found during search is taxable as business income and not as unexplained investment if such stock isn’t separately identifiable
Validity of order if CIT invoked jurisdiction under section 263 on the issues other than those decided in limited scrutiny assessment under section 143(2)(i)
Penalty if Assessee, the Co-operative Bank, accepted deposits in cash exceeding Rs. 20,000 from its members which is prohibited under provisions of section 269SS