Adjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid
Adjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid…
Income Tax
COMPLIANCE CALENDAR MARCH – 2023
COMPLIANCE CALENDAR MARCH – 2023 Nature of Compliance DueDate Challan-cum-statement of TDS U/s 194IA/ 194IB/ 194M for…
Co. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT
Co. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT …
Where the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such third party would not be justified: ITAT
Where the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such…
Disallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur
Disallowance of PF/ESIC under section 143(1)(a) is not permissible: ITAT Jaipur IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,’A’…
Section 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty is not applicable.
Section 50C is not Applicable in case of compulsory acquisition of Land by the Govt where payment of stamp duty…
List of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards)
List of Information which will be Reflected in AIS/TIS (From AY 2023-24 onwards) WhatsApp Image 2023-02-27 at 23.18.39
Seconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT
Seconded employees do not come under ‘FTS’ OR ‘FIS’: ITAT M/s. Google LLC (IT(IT)A No. 167 & 688/Bang/2021/22) Facts:…
If one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.
If one can conclude that there is no suppression in the value, question of invoking Section 50C does not arise.…
Rs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview
Rs. 10 Cr ceiling proposed for capital gain exemption in Union Budget – 2023: An overview “I propose…
No additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT
No additions based on statements of ex-employees & dealers without allowing assessee to crossing examine them: ITAT ITAT Chandigarh has…
Whether provision for warranty can be allowed as an expense under Income Tax Act?
Whether provision for warranty can be allowed as an expense under Income Tax Act? A warranty is written guarantee, issued…
Non completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes paid
Non completion of Assessment Order as per ITAT Order within the time limit: Bombay HC directs a refund of taxes…
Annexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate
Annexure F – Form No. 5 under RERA regarding Annual Report On Statement Of Accounts – Chartered Accountant’s Certificate …
Prima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur
Prima-facie adjustment under section 143(1)(a) towards delayed payment of PF/ESIC is not valid: ITAT Jaipur IN THE INCOME TAX…
Purchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT
Purchase of plots can’t be held stock-in-trade if assessee failed to establish that purchase was for business: ITAT …
Enhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-2023
Enhanced New Audit report format of all charitable entities Revised w.e.f. 1-4-2023 243777_compressed
Co-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT
Co-owners of property have to pay their share of notional rent, 50% if share not defined: ITAT Shivani Madan…
