IT JudgementProper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi HC16 Jul 20220Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi…
IT JudgementSufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings:16 Jul 20220Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings: LALJIBHAI KANJIBHAI MANDALIA…
IT JudgementKnow about the Observation of the Supreme Court on the phrase “Reason to Believe”15 Jul 20220Know about the Observation of the Supreme Court on the phrase “Reason to Believe” The Hon’ble Supreme Court in…
IT JudgementCharitable Trust in Maharashtra liable to pay 3% contribution from 2009 onwards14 Jul 20220Charitable Trust in Maharashtra liable to pay 3% contribution from 2009 onwards Bombay High Court has passed final order…
IT JudgementPublic authority must not exercise that power just because it would be lawful for the said authority to exercise the same: Bombay ITAT.13 Jul 20220Public authority must not exercise that power just because it would be lawful for the said authority to exercise the…
IT JudgementKarnataka HC quashes CBIC Circular on GST on Annuity received by Concessionaire12 Jul 20220Karnataka HC quashes CBIC Circular on GST on Annuity received by Concessionaire Hon’ble Karnataka High Court in Writ Petition…
IT JudgementContentions raised by the taxpayers not considered in the Order: High Court quashed the proceeding9 Jul 20220Contentions raised by the taxpayers not considered in the Order: High Court quashed the proceeding Honble Calcutta High Court in M/s.…
IT JudgementNon speaking order of the Authorities – High Court quashed the proceeding5 Jul 20220Non speaking order of the Authorities – High Court quashed the proceeding Hon’ble Calcutta High Court in M/s. Chandra Udyog…
IT JudgementNon speaking order of the Authorities – High Court quashed the proceeding5 Jul 20220Non speaking order of the Authorities – High Court quashed the proceeding Hon’ble Calcutta High Court in M/s. Chandra Udyog…
IT JudgementOffense committed by the firm is also an offense committed by the partners2 Jul 20220Offense committed by the firm is also an offense committed by the partners An important judgement has been rendered in…
IT JudgementThe High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects: SC2 Jul 20220The High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects: SC In the…
IT JudgementNo penalty u/s 43 of Black Money Act (BMA) for non-disclosure of foreign asset in ITR, if source was explained & assessee’s conduct was bonafide28 Jun 20220No penalty u/s 43 of Black Money Act (BMA) for non-disclosure of foreign asset in ITR, if source was explained…
IT JudgementInterest payment to related parties @ 18% and AO allowing only 12%: Validity of the disallowance of 6%28 Jun 20221 CommentInterest payment to related parties @ 18% and AO allowing only 12%: Validity of the disallowance of 6% Disallowance of…
IT JudgementAO has no right to treat Trust’s registration granted by Commissioner (Exemption) as invalid to deny exemption: ITAT27 Jun 20220AO has no right to treat Trust’s registration granted by Commissioner (Exemption) as invalid to deny exemption: ITAT There are…
IT JudgementInterest to be charged in case of tax not paid before due date and not for late filing of GSTR-3B: Jharkhand HC27 Jun 20220Interest to be charged in case of tax not paid before due date and not for late filing of GSTR-3B:…
IT JudgementPayment through Agent and validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit27 Jun 20220Payment through Agent and validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit Section…
IT JudgementReassessment initiated merely on basis of an audit objection not valid: HC27 Jun 20220Reassessment initiated merely on basis of an audit objection not valid: HC There are a lot of taxpayers who have…
IT JudgementWithout any material to substantiate that assessee has not committed any violation of section 269SS of the Act, Penalty U/s 271D cannot be deleted24 Jun 20220Without any material to substantiate that assessee has not committed any violation of section 269SS of the Act, Penalty U/s…