Scope of Statement of Financial Transaction (SFT) widened: Now, to include capital gains on transfer of listed securities or units of Mutual Funds, dividend income, and interest income
Application for grant of certificate for determination of appropriate proportion of sum (other than Salary), payable to non-resident, chargeable in case of the recipients
Landmark Judgment: Gujarat HC allowed rectification of GSTR-3B without payment of late fee by assessee
Additional Director General of DRI is not empowered for initiation of recovery proceedings under Customs: SC
Issue before ITAT- Delhi: (a) Surplus of sale of mortgaged property is taxable or not and (b) whether it was a forced sale of mortgaged property to pay to the lender or the sale was at free will and whether any benefit actually accrued/ received by the assessee
Validity of aaddition based on third party statement recorded by Investigation Wing without opportunity of cross-examination afforded to assessee
Income-tax paid by assessee to foreign tax jurisdictions could not to be refunded to assessee by Indian tax authorities as a matter of course.
