Income TaxITR 1 to 4S for the AY 2024-25 Notified by CBDT2 years agoITR 1 to 4S for the AY 2024-25 Notified by CBDT The copy of the order is as under:…
Income TaxNon-Registration of Gift Deed can’t be considered to be Sham Transaction as Assessee was in Full Possession of Property Sold by a Registered Sale Deed.2 years agoNon-Registration of Gift Deed can’t be considered to be Sham Transaction as Assessee was in Full Possession of Property Sold…
Income TaxWill the taxpayer be entitled to refund under Inverted Duty Structure when tax on input erroneously charged by the Supplier at a higher rate and the buyer charged it at actual lower rate?2 years agoWill the taxpayer be entitled to refund under Inverted Duty Structure when tax on input erroneously charged by the Supplier…
Income TaxIf no Books of accounts, Section 69A Of Income Tax Act cannot be invoked: Delhi High Court2 years agoIf no Books of accounts, Section 69A Of Income Tax Act cannot be invoked: Delhi High Court CIT Versus Hersh…
Capital GainIncome TaxMerely because capital gains were not deposited in the capital gains account scheme, exemption U/S 54 cannot be denied, if other conditions are fulfilled: ITAT Delhi2 years agoMerely because capital gains were not deposited in the capital gains account scheme, exemption U/S 54 cannot be denied, if…
Income TaxNominee of shares would only be a trustee and cannot claim absolute ownership right2 years agoNominee of shares would only be a trustee and cannot claim absolute ownership right Here is an interesting case wherein…
Income TaxPurchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of Suncraft Energy Pvt. Ltd dismissed by the Supreme Court2 years agoPurchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of…
Income TaxWhether the nominee of shares has absolute rights or his rights are subject to laws of succession?2 years agoWhether the nominee of shares has absolute rights or his rights are subject to laws of succession? Here is an…
Income Tax31st December 2023: File the Return or Revise the Return2 years ago31st December 2023: File the Return or Revise the Return Though March is important from a business and taxation perspective, December…
Income TaxIT JudgementChange of Shareholding : Sec 79 is not applicable to unabsorbed depreciation and capital losses2 years agoChange of Shareholding : Sec 79 is not applicable to unabsorbed depreciation and capital losses M/S BURDA DRUCK INDIA PVT.…
Income Taxother topicAllow to revise bonafide error in GSTR -1 : Bombay HC2 years agoAllow to revise bonafide error in GSTR -1 : Bombay HC The copy of the order is as under:…
Income TaxNo retrospective effect of the Benami Law: Bombay HC2 years agoNo retrospective effect of the Benami Law: Bombay HC M/s. Armstrong Infrastructure Private Limited and Others Vs State of…
Income TaxBombay HC upholds the validity of the amendments made to the Finance Act 20152 years agoBombay HC upholds the validity of the amendments made to the Finance Act 2015 Serum Institute of India Pvt. Ltd.…
Income TaxAbsence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing any evidence2 years agoAbsence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing…
Income TaxExpiry of the E-way Bill – Whether authenticity of transaction can be disputed?2 years agoExpiry of the E-way Bill – Whether authenticity of transaction can be disputed? There are often the delay in delivery…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for December 20232 years agoStatutory and Tax Compliance Calendar for December 2023 Income Tax TDS/TCS Liability Deposit Nov-23 7-Dec-23 Due date of depositing TDS/TCS…
Income TaxWomen can be Karta of an HUF: Delhi HC2 years agoWomen can be Karta of an HUF: Delhi HC MANU GUPTA Vs SUJATA SHARMA & ORS (Case No.: RFA(OS) 13/2016…
Capital GainIncome TaxAdvance tax is payable on capital gain Income also2 years agoAdvance tax is payable on capital gain Income also [Query 1] As the share market is at an all…