Income TaxAbsence of the VDIS certificate cannot be fatal to the assessee’s claim if credible alternate evidence is produced2 May at 4:50 am0Absence of the VDIS certificate cannot be fatal to the assessee’s claim if credible alternate evidence is produced Delhi ITAT…
Income TaxReassessment completed without issuance of notice U/s 143(2) Notice- Assessee’s participation doesn’t not validate the proceeding2 May at 4:37 am0Reassessment completed without issuance of notice U/s 143(2) Notice- Assessee’s participation doesn’t not validate the proceeding Recently, ITAT Delhi…
Income TaxDelay in appointment of Women Director – ROC imposed a penalty of Rs. 3.43 Lakh on the company and its Directors2 May at 4:27 am0Delay in appointment of Women Director – ROC imposed a penalty of Rs. 3.43 Lakh on the company and its…
Income TaxReopening U/s 147 is invalid if it is alleging bogus purchases where infact there was no purchases in the relevant year.2 May at 1:28 am0Reopening U/s 147 is invalid if it is alleging bogus purchases where infact there was no purchases in the relevant…
Income TaxITAT Mumbai Slams AO for Not Probing Real Culprits – Quashed Rs. 103 Cr Benami Addition on Auto-Rickshaw Driver1 May at 5:38 am0ITAT Mumbai Slams AO for Not Probing Real Culprits – Quashed Rs. 103 Cr Benami Addition on Auto-Rickshaw Driver …
Income TaxBombay High Court struck down the practice of adjusting tax refunds beyond the 20% demand payment as illegal and against CBDT Circulars.1 May at 5:19 am0Bombay High Court struck down the practice of adjusting tax refunds beyond the 20% demand payment as illegal and against…
Income Taxother topicBJP CA cell demanded Amnesty Scheme for Partnership Firms1 May at 3:28 am0BJP CA cell demanded Amnesty Scheme for Partnership Firms Date: – 29/04/2025 To, Shri Devendra Fadnavis Ji Hon’ble Dy. Chief…
Income TaxKey Changes in ITR Forms for AY 2025-26 You Should Know1 May at 2:09 am0Key Changes in ITR Forms for AY 2025-26 You Should Know The Income Tax Department has notified several important…
Income TaxReopening cannot be based on incorrect or non-existent facts: ITAT Hyderabad1 May at 1:29 am0Reopening cannot be based on incorrect or non-existent facts: ITAT Hyderabad The Indian Income Tax Act, 1961 provides a…
Income TaxITAT Delhi allowed the commission paid to shareholder-directors under section 36(1)(ii)30 Apr at 10:26 am0ITAT Delhi allowed the commission paid to shareholder-directors under section 36(1)(ii) The Revenue filed an appeal before the Hon’ble…
Income TaxFailure of a 3rd party in not responding to the summons would not lead to draw an adverse inference before AO30 Apr at 9:39 am0Failure of a 3rd party in not responding to the summons would not lead to draw an adverse inference before…
Income TaxJust Uploading on Portal is not equivalent to Service of Notice – Madras HC30 Apr at 9:17 am0Just Uploading on Portal is not equivalent to Service of Notice – Madras HC In a significant relief to…
GSTIncome TaxJust Uploading on Portal is not equivalent to Service of Notice – Madras HC30 Apr at 2:07 am0Just Uploading on Portal is not equivalent to Service of Notice – Madras HC In a significant relief to…
Income TaxInstructions to ease out GST Registration issued – Officers instructed to adhere to the guidelines 30 Apr at 1:18 am0Instructions to ease out GST Registration issued – Officers instructed to adhere to the guidelines Tired of inconsistent document…
Income TaxCan a tax authority levy tax on an amount declared as an income by the assessee, even if that amount isn’t legally taxable?29 Apr at 4:32 am0Can a tax authority levy tax on an amount declared as an income by the assessee, even if that amount…
Income TaxInstructions to ease out GST Registration issued – Officers instructed to adhere to the guidelines29 Apr at 1:49 am0Instructions to ease out GST Registration issued – Officers instructed to adhere to the guidelines Tired of inconsistent document…
Income TaxPune ITAT allows the taxation of profit Element in Unrecorded Sales – Held that admission isn’t Always Final29 Apr at 1:32 am0Pune ITAT allows the taxation of profit Element in Unrecorded Sales – Held that admission isn’t Always Final The…
Income TaxFoundational requirement for processing a return under Section 143(1) is that such return must be valid as per the Act29 Apr at 1:25 am0Foundational requirement for processing a return under Section 143(1) is that such return must be valid as per the Act…