No Penalty under section 271(1)(b) for non compliances with the notices if the order was passed under section 143(3): Delhi ITAT
Interesting Case: Validity of addition on account of difference in cost of construction as shown by assessee and as valued by the valuation officer
Fine of Rs. 25,000/- imposed on the officer personally for delay in filing SLP. If the Government suffers losses, it is time when the concerned officer responsible for the same bears the consequences: Supreme Court
Compilation of problems being faced in relation to New Income Tax Portal: An excellent representation by District Taxation Bar Association (Direct Taxes), Ludhiana
Respected Hon’ble Prime Minister Sir, Why Infosys? Why not cancel the deal? Why not restore the old portal?
Considering the definition of ‘member’ under the Kerala Act, loans given to nominal members would qualify for deduction u/s 80P(2)(a)(i): Supreme Court
Respected Hon’ble Prime Minister Sir, Why Infosys? Why not cancel the deal? Why not restore the old portal?
The proceedings of cancellation of GST registration cannot be kept hanging fire on any pretext: A welcome judgement by Rajasthan HC
An apt Memorandum on the problem being faced in relation to New Income Tax Portal by Chartered Accountants Association, Jalandhar
The real Tax Terrorism: Taxpayers unable to file Trust Registration forms, Appeal, Rectification application u/s 154, etc.
Every legitimate and genuine act on the part of the taxpayer resulting in reduction of tax liability cannot be treated as device for avoidance of tax
When there was no material on record to prove that any interest was paid for earning tax-free income under s. 10(33), no disallowance could be made by invoking s. 14A.
