Delhi HC asked CBDT to consider eligibility of VSVS 2024 by those taxpayers wherein statutory timelimit to file appeal has not expired on 22.7.2024.
Ensuring Independence of Auditor: Absolutely Amazing Representation by Chartered Accountants Association, Surat
7 days delay in depositing unspent CSR amount of Rs.68.48 lakhs to PM Cares Fund – Penalty of Rs.1.06 crores was imposed:
Order passed by CIT (A) without reasoning on the issues on merits is clearly in violation of section 250(6) of the Act and liable to be set side: ITAT Agra
Grant of sanction by the appropriate authority is a precondition for AO to assume valid jurisdiction for issue of 148 notice: Mumbai ITAT
Approval not obtained from PCIT as required under the new provisions – Reassessment notice declared invalid and assessment stood nullified: Mumbai ITAT
Re-assessment notice issued U/s 148 being barred by limitation under the new provisions of section 149(1) is liable to be quashed and set aside.
10 year limit applies only prospectively, meaning it does not apply retroactively to assessment years where the old six-year limit has already expired: Delhi HC
Delay in filing Form 67 is a procedural lapse that does not affect the substantive right to claim FTC: ITAT
Delay in filing Form 67 is a procedural lapse that does not affect the substantive right to claim FTC: ITAT
๐๐ป๐ฐ๐ผ๐บ๐ฒ ๐ง๐ฎ๐ ๐ง๐ฟ๐ถ๐ฏ๐๐ป๐ฎ๐น ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐ผ๐ป ๐ฑ๐ถ๐๐ฎ๐น๐น๐ผ๐๐ฎ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐๐ผ๐ฟ๐ฒ๐ถ๐ด๐ป ๐ง๐ฎ๐ ๐๐ฟ๐ฒ๐ฑ๐ถ๐
Rs. 175 crore GST illegal Scam – HC verdict to release the Tax officer as there are procedural violations that render his detention null & void