Documents seized during a search can be valid basis for additions, even if they are in the form of personal diaries or informal records.
Merely passing an ex parte order by fulfilling the empty formalities will not serve any useful purpose: Madras HC
Whether equity oriented funds are equivalent to shares from the standpoint of taxability under India Mauritius Treaty?
ITAT Delhi Accepts Cash Deposits as Salary Savings, Religious Practice and Lack of Other Income cited
ITAT Visakhapatnam Upholds Telescoping: Rs. 1.25 Cr Marriage Expense Not Taxable in Individual Hands as Income Offered by Group Company
ROC Bangalore imposed penalty of Rs. 2.25 Lakh for failure to make ‘‘Appointment of Internal Auditor’’ u/s 138(1) & (2) r/w Rule 13(1) Of the Companies (Accounts) Rules, 2014
No physical appearance – All personal hearings in GST proceedings must be conducted through virtual mode: A welcome move by Delhi GST Department
Cash deposits during Demonetization and explanation of accumulated saving belonging to the family members – Issue before Delhi ITAT
Guidelines for recording reasons for reopening assessments are only a guidance for the AO: Calcutta HC
ITAT Mumbai dropped non-compliance of penalty of Actress Shilpa Shetty as compliance with notices was done prior to assessment order
Relaxation of time limit for processing of valid returns of income filed electronically pursuant to order u/s 119(2)(b) of the Income-tax Act,1961 passed by Competent Authority
Reviewing authority, Revisional Authority and Appellate Authority in respect of orders passed by Common Adjudicating Authority (CAA) for show cause notices issued by DGGI
