Generation and quoting of Document Identification Number (DIN) on any communication issued by the officers of the Central Board of Indirect Taxes and Customs (CBIC) to tax payers and other concerned persons — reg.
Applying the definition of benami property and benami transaction the Central government could not, on the basis of the 2016 amendment allege contravention and start the prosecution in respect of a transaction in 2011.
Whether the Tribunal was right in holding that the income would crystallize on approval of assessee’s claim for reimbursement by competent authority while dealing with the issue of reimbursement
AO is directed to restrict the addition to the extent of lower GP declared by the assessee in respect of bogus purchases as compared to G.P. on normal purchases
Denial the benefit of reduction in the rate of goods and service tax granted vide Notification dated 14.11.2017 to his customers.
Order under section 119(2) of the Income-tax Act, 1961- Extension of the due date of payment of tax deducted at source under 194M of the Act -reg.
Exemption from Capital Gain: Section 54 is a beneficial provision and is to be construed keeping in view the intention of the Legislature to give relief
Cash deposited in the bank account out of the cash withdrawan earlier can not be treated as income without proving that such cash withdrawal was utilized for any other purpose: Indore ITAT
Bogus LTCG Case: Since assessee had filed all relevant documents in relation to LTCG which reflected occurrence of transaction of sale of shares in normal course on platform of stock exchange, Revision u/s 263 is not unjustified.
No proceedings u/s 153C merely relying on statement of person that he provided accommodation entry to assessee
Provision for post-retirement medical benefit of employees, though contingent in nature, is an allowable expenditure
If Assessee could not establish genuineness of the expenses, AO is justified in rejecting books of accounts & computing income on estimate basis
