Gujarat High Court has passed strictures against the CGST authority for gross abuse of power
Gujarat High Court has passed strictures against the CGST authority for gross abuse of power Prakashsinh Hathisinh Udavat Vs State…
IT Judgement
Difference in valuation of closing stock – No addition can be made as undisclosed stock
Difference in valuation of closing stock – No addition can be made as undisclosed stock ACIT Vs National Cable Industries…
If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on the same application
If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on…
Interesting case: HC sets aside National Anti Profiteering Authority (NAPA’s) order where all the members who had signed the order were not present for hearing
Interesting case: HC sets aside National Anti Profiteering Authority (NAPA’s) order where all the members who had signed the order…
Charitable trust registration under section 12AA & Scope of inquiry while granting registration
Charitable trust registration under section 12AA & Scope of inquiry while granting registration Short Overview : Where registration of the Trust…
Landmark Judgment on validity of addition under section 68 on the ground that in response to summons under section 131 shareholder companies had not appeared for personal deposition.
Landmark Judgment on validity of addition under section 68 on the ground that in response to summons under section 131…
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on the basis if information received from Investigation Wing without giving an opportunity of cross examination to the Assessee
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on…
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made available in the assessment proceedings itself
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made…
The order of provisional attachment before the assessment order is made, may be justified if the assessing authority is of the opinion that it is necessary to protect the interest of revenue.
The order of provisional attachment before the assessment order is made, may be justified if the assessing authority is of…
Validity of Addition to Income if Assessee failed to explain source of investment in purchase of property
Validity of Addition to Income if Assessee failed to explain source of investment in purchase of property Short Overview : Where…
Landmark Judgment: Scam has taken place in some penny stocks does not mean that all transactions in penny stocks can be regarded as bogus
Landmark Judgment: Scam has taken place in some penny stocks does not mean that all transactions in penny stocks can…
Interesting Judgment : Capital Receipt is not Taxable and so Sum received as damages from tenant for unauthorized occupation of property is not liable to taxation.
Interesting Judgment : Capital Receipt is not Taxable and so Sum received as damages from tenant for unauthorized occupation of…
Additions to income of assessee in respect of cash found during search at residential premises of his father-in – law who has accepted that cash is unjustified
Additions to income of assessee in respect of cash found during search at residential premises of his father-in – law…
Applicability of Tax deduction at source Under section 194J on Payment towards data line charges
Applicability of Tax deduction at source Under section 194J on Payment towards data line charges short overview : Even though amendment…
Validity of assessment if Revenue failed to consider claims made towards deduction/exemption by filing revised return
Validity of assessment if Revenue failed to consider claims made towards deduction/exemption by filing revised return short overview : Where the…
Eligibility of Deduction u/s 80P to Co-operative society engaged in providing Credit facilities to its members and general public
Eligibility of Deduction u/s 80P to Co-operative society engaged in providing Credit facilities to its members and general public Short…
Where assessee made payments to contractor and filed Form No. 26Q for claiming benefit u/s 194C(6) though belatedly, there could be no disallowance under section 40(a)(ia)
Where assessee made payments to contractor and filed Form No. 26Q for claiming benefit u/s 194C(6) though belatedly, there could…
Stay of demand during pendency of appeal before CIT A granted @ 10% in place of 20%.
Stay of demand during pendency of appeal before CIT A granted @ 10% in place of 20%. [2019] 108 tax…
