Guidelines for compulsory selection of returns for Complete scrutiny for FY 2024-25

Notice issued U/s 148 by Jurisdictional Assessing Officer (JAO) & not by Faceless Assessing Officer is invalid and bad in law: Bombay HC

Monetary limit fixed for assessment to be done by ACIT won’t preclude jurisdictional AO to initiate reassessment

The jurisdiction of a High Court is not dependent on the location of the ITAT as one Bench of may exercises jurisdiction over other states.

NEW TAX REGIME: NO TAX ON INCOME OF RS. 7 LAKH* [* Terms & Condition Apply]

Mode & Way to form HUF

Validity of assessment framed u/s 143(3) vis a vis issuance of notice U/s 143(2) by non- jurisdictional ITO

Addition of Rs.344.55 Cr during assessment proceeding with less than 72 Hours to reply to SCN: Assessment quashed by Bombay HC for de-novo consideration by AO.

Hon’ble SC upheld strict adherence to the Time Limit for Refunds

Filing of Form MSME- 1

GST Rate and HSN Code for Products of Iron and Steel

Notional interest income cannot be taxable under the real income principle: Mumbai ITAT

Goods which are returned need not be necessarily accompanied with a Credit Note: Madras HC

GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore

Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GSTR-7 Under GST: An Overview

Whether weekends can be counted for the purpose of period for which notice is given?

HC permitted assessee to submit representation before concerned GST Authority for rectifying inadvertently displayed TDS number