Rental income from let out property without any additional services is income from house property: ITAT Delhi
Rental income from let out property without any additional services is income from house property: ITAT Delhi DCIT, Circle-27(1),…
Income Tax
Income Tax adjudication proceedings and prosecution proceedings are independent of each other: Madras HC
Income Tax adjudication proceedings and prosecution proceedings are independent of each other: Madras HC. . R.Revathy Vs. The Assistant Commissioner…
AO needs to physically issue notices, in case, the address of assessee is not available: Bombay HC
AO needs to physically issue notices, in case, the address of assessee is not available: Bombay HC Muffadal Contractor vs.…
Expenses cannot be disallowed merely due to non-payment of amount to the vendors
Expenses cannot be disallowed merely due to non-payment of amount to the vendors There are various issues which were involved…
Capital contribution from partners do not amount to unexplained cash credits.
Capital contribution from partners do not amount to unexplained cash credits. ITAT Guwahati held that “We also examine…
Assessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs 1128 Crores: Bombay HC
Assessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs…
Disclosure of Foreign Assets in the Income Tax Return & Penalty under Black Money Act
Disclosure of Foreign Assets in the Income Tax Return & Penalty under Black Money Act Disclosure of Foreign Assets is mandatory…
CBIC Allowing Gstin Amendment in Bill of Entry After Out of Charge (OOC) provided PAN remains same
CBIC Allowing Gstin Amendment in Bill of Entry After Out of Charge (OOC) provided PAN remains same Date: 07th…
DGGI Meerut Officials bust a massive syndicate involving 102 fake entities with a staggering turnover of Rs. 1,481 crore, four held
DGGI Meerut Officials bust a massive syndicate involving 102 fake entities with a staggering turnover of Rs. 1,481 crore, four…
Standard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The Faceless Assessment Provision of Section 144B of the Income-tax Act.
Standard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The…
Whether Section 79 can be invoked if the beneficial ownership ofncomoany is the same?
Whether Section 79 can be invoked if the beneficial ownership ofncomoany is the same? Let us have a short…
Non service of notice physically for reopening: Assessment order quashed set aside for de-novo consideration by Bombay High Court
Non service of notice physically for reopening: Assessment order quashed set aside for de-novo consideration by Bombay High Court In…
Issue of notice at incorrect email id- Assessment order set aside by ITAT
Issue of notice at incorrect email id- Assessment order set aside by ITAT Its a trite law that unless notice…
Can I gift the property to my wife after claiming exemption from capital gain?
Can I gift the property to my wife after claiming exemption from capital gain? [Query 1] In the last issue…
Compliance Calendar for Nov- 23
Compliance Calendar for Nov- 23 INCOME TAX ▪️07th Nov 2023- Due date for payment of TDS/TCS for the month…
System default is the standard excuse while delaying refunds: Bombay HC
System default is the standard excuse while delaying refunds: Bombay HC Matrix Publicities and Media India Pvt. Ltd. Versus…
Investment in the name of Wife and Daughter not eligble for capital gain exemption: ITAT Mumbai
Investment in the name of Wife and Daughter not eligble for capital gain exemption: ITAT Mumbai For capital gain exemption,…
Record number of over 7.85 crore ITR filed till 31st October, 2023
Record number of over 7.85 crore ITR filed till 31st October, 2023 The copy of the order is…
