Supreme Court holds that Tax Treaty MFN Clauses not triggered unless specific notification is issued
Supreme Court holds that Tax Treaty MFN Clauses not triggered unless specific notification is issued Assessing Officer Circle…
Income Tax
Can an AO rely on an Audit objection to reopen the case?
Can an AO rely on an Audit objection to reopen the case? When the specific query was raised in…
Retraction of statement after a sufficient long gap, Telangana High Court confirmed part addition
Retraction of statement after a sufficient long gap, Telangana High Court confirmed part addition Often, the statement given during…
Delhi ITAT upheld addition towards bogus accommodation entry & unexplained commission expenditure thereon
Delhi ITAT upheld addition towards bogus accommodation entry & unexplained commission expenditure thereon Let us have a short overview of…
Over Rs 102 crore worth cash, jewellery seized in searches on contractors: I-T dept:
Over Rs 102 crore worth cash, jewellery seized in searches on contractors: I-T dept: A total of Rs…
Share transactions could not be considered bogus simply based on a broker’s statement: ITAT
Share transactions could not be considered bogus simply based on a broker’s statement: ITAT The Mumbai bench of ITAT…
DPPIT Recognized Start-Ups Not to Face Verification On Account Of Angel Taxation: CBDT
DPPIT Recognized Start-Ups Not to Face Verification On Account Of Angel Taxation: CBDT The Central Board of Direct…
Department needs to produce new or tangible information to reopen cases under new Sec 147: Madras HC
Department needs to produce new or tangible information to reopen cases under new Sec 147: Madras HC IDFC Ltd (W.P.…
Whether PMS Fees can be disallowed even if the shares are held as stock in trade?
Whether PMS Fees can be disallowed even if the shares are held as stock in trade? There are various…
Taxation of Joint Development Agreement with the builder by legal heir of Ancestral Property
Taxation of Joint Development Agreement with the builder by legal heir of Ancestral Property [Query 1] We have inherited the…
Suggestive Reply on DRC-01 Notice
Suggestive Reply on DRC-01 Notice CA Kiran Sodha Dated : To, The GST Officer, Ward– , Delhi GST T&T Building, Delhi.…
Can an AO reopen the assessment again even if there is a specific query which was raised & discussed in the original assessment?
Can an AO reopen the assessment again even if there is a specific query which was raised & discussed in…
CBDT Circular No. 17/2023: Clarifications regarding trust audit reports & ‘substantial contributions exceeding 50,000/- to the trust or institution
CBDT Circular No. 17/2023: Clarifications regarding trust audit reports & ‘substantial contributions exceeding 50,000/- to the trust or institution …
LTCG exemption from penny stocks is not entitled to exemption U/S 10(38) of the Income Tax Act: ITAT Kolkata
LTCG exemption from penny stocks is not entitled to exemption U/S 10(38) of the Income Tax Act: ITAT Kolkata …
Whether warranty expenses are allowable expenses under the Income Tax Act?
Whether warranty expenses are allowable expenses under the Income Tax Act? Query: 1.A manufacturing company is engaged in manufacturing,…
An overview of the Recommendations of the 52nd GST Council Meeting
An overview of the Recommendations of the 52nd GST Council Meeting The 52nd GST Council met under the…
Key Highlight of the GST Council 52nd Meeting
Key Highlight of the GST Council 52nd Meeting The 52nd GST Council has recently met and recommended various changes in…
An Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai
An Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai Date:- 07/10/2023 To, Shri Devendra…
