IT JudgementGet Ready: Supreme Court accepted the plea for extension for opening of TRAN-1 portal8 Sep 20220Get Ready: Supreme Court accepted the plea for extension for opening of TRAN-1 portal The Hon’ble Supreme Court has…
IT JudgementSec 40 disallowance is not applicable when deduction is not claimed: Calcutta HC8 Sep 20220Sec 40 disallowance is not applicable when deduction is not claimed: Calcutta HC Section 40(a)(oa)provides that certain amounts which are…
IT JudgementNo demand and penalty should be levied under the GST laws in absence of intent to evade tax: Delhi High Court7 Sep 20220No demand and penalty should be levied under the GST laws in absence of intent to evade tax: Delhi High…
IT JudgementDisciplinary action against Chartered Accountant & the Limitation provided under Rule 12 of the CA (PIPAMAO) Rules, 20077 Sep 20220Disciplinary action against Chartered Accountant & the Limitation provided under Rule 12 of the CA (PIPAMAO) Rules, 2007 There was…
IT JudgementCharitable Trust: Non-filing of Audit Report in Form 10B along with Return of Income is merely a procedural defect which is rectifiable- Mumbai ITAT3 Sep 20220Charitable Trust: Non-filing of Audit Report in Form 10B along with Return of Income is merely a procedural defect which…
IT JudgementValidity of Reopening on a new ground different from the ground on which notice was issued U/s 148A2 Sep 20220Validity of Reopening on a new ground different from the ground on which notice was issued U/s 148A The…
IT JudgementSum paid by custom house agent to container freight station agent is liable to sec. 194C TDS: ITAT1 Sep 20220Sum paid by custom house agent to container freight station agent is liable to sec. 194C TDS: ITAT The issue…
IT JudgementAmendment in section 36(1)(va by the Finance Act- 2021 don’t have the retrospective application: Nagpur ITAT1 Sep 20220Amendment in section 36(1)(va by the Finance Act- 2021 don’t have the retrospective application: Nagpur ITAT ITAT Nagpur bench in…
IT JudgementReopening Proceedings Quashed by Calcutta High Court as the information has been lightly used which resulted in issuance of notice.31 Aug 20220Reopening Proceedings Quashed by Calcutta High Court as the information has been lightly used which resulted in issuance of notice. …
IT JudgementDelhi High Court also admitted petition against reopening U/s 148A(d) -Granted Interim Relief31 Aug 20220Delhi High Court also admitted petition against reopening U/s 148A(d) -Granted Interim Relief In this case, the learned counsel for…
IT JudgementReassessment proceeding beyond 6 Years stayed by Calcutta High Court as an interim relief31 Aug 20222 CommentsReassessment proceeding beyond 6 Years stayed by Calcutta High Court as an interim relief The litigation post Ashish Kumar Agarwal…
IT JudgementOrder Passed under Section 143(1) is NOT an Assessment: Delhi High Court31 Aug 20220Order Passed under Section 143(1) is NOT an Assessment: Delhi High Court Recently Delhi HC in a writ filed by…
IT JudgementSummary in Form DRC-01 can’t be a substitute of SCN under section 74(1): Jharkhand HC30 Aug 20220Summary in Form DRC-01 can’t be a substitute of SCN under section 74(1): Jharkhand HC Recenlty, the Jharkhand HC in…
IT JudgementCancellation of registration based on vague SCN and non-speaking order quashed by Gujarat HC30 Aug 20220Cancellation of registration based on vague SCN and non-speaking order quashed by Gujarat HC Here is an interesting order by…
IT JudgementFinally, Reopening proceeding beyond 6 years quashed by Calcutta High Court being barred by limitation30 Aug 20221 CommentFinally, Reopening proceeding beyond 6 years quashed by Calcutta High Court being barred by limitation Calcutta HC passed a final order…
IT JudgementBogus Purchases: ITAT deletes addition without Proper Cross-Verification:29 Aug 20220Bogus Purchases: ITAT deletes addition without Proper Cross-Verification: M/s Ravi Developments (ITA.No.764 & 765/Mum./2022) Facts: Purchases were made by…
IT JudgementReassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6 Years29 Aug 20220Reassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6…
IT JudgementHC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist and Turn ahead27 Aug 20220HC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist…