An irregular availment of ITC to the tune of Rs. 120.58 crore detected by DGGI Bhubaneshwar Zonal Unit
GST Authorities cannot be allowed to put the cart before the horse and collect any tax, interest or penalty before they determine the tax liability
Money which may become expenditure on the happening of an event is not expenditure and hence not eligible for deduction: Supreme Court
Article 25 of the Constitution- freedom of religion does not provide any immunity from taxation on the basis of religion: Kerala HC
Proportionate business expenses of office cum residence of Choreographer Farah Khan are allowable U/S 37: ITAT Mumbai
Why do we need RTI Act if this is the reply that is being given in response to the New Income Tax Portal ?
AO should record reasons for belief u/s 147 that escapement is due to the failure on the assessee’s part
Calcutta HC restrained Income Tax Department from proceeding any further on the basis of the notice issued u/s 148 without complying with the provision of section 148A