No disallowance of late deposits of employee’s contribution of ESI, PF if the same is paid prior to filing of ITR.
No order under Section 263 of the Act shall be “made” after the expiry of two years from the end of the financial year in which the order sought to be revised was passed
Whether remuneration to partner can be disallowed on the ground of being excessive, even if it is within the limit u/s 40(b)?
Carelessness by Assessing Officer: Hon’ble Court may impose costs to be recovered from his/her salary & place such judicial orders in the career records of such Assessing Officer.
Reasons for blocking e-credit ledger u/r 86A must be communicated by GST Authorities to the taxpayer: Madras High Court in HEC India LLP
Non Resident Taxpayers exempted from the requirement of furnishing a return of income from assessment year 2021 2022 onwards vide
Revision order U/S 263 has to be passed and not necessarily served within the period of 2 years: Supreme Court.
The provision of s. 40A(3) is to be invoked when the Department has evidence with itself that the assessee has made payments in cash exceeding the limits prescribed in the section.
Legislature cannot be presumed to have intended to give blanket powers to the AO under section 147 for making roving enquiry
