Assessment oder passed without DIN quashed by ITAT
Assessment oder passed without DIN quashed by ITAT Asstt Order without DIN quashed - (1)
Income Tax
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the Income-tax Act 1961 has been issued it Amount to gross violation of principles of natural justice
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the…
CGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards
CGST issues Standard Operating ProcedureCGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards for Scrutiny of…
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery Ballabh Prasad Aggarwal (ITA No. 2351/Del/2019) Facts: A…
ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of Registration
ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of…
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA)
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA) Notification No. 31/2023/F. No. 200/3/2023-ITA-I, dated 24.05.2023…
Mere use of software by the distributor is not royalty: ITAT Bangalore
Mere use of software by the distributor is not royalty: ITAT Bangalore Deputy Commissioner of Income Tax vs. M/s.…
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities.
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities. This case argued by who’s…
Rs. 2,000/- Notes Demonetization: FAQs by the RBI
Rs. 2,000/- Notes Demonetization: FAQs by the RBI Why are the Rs 2,000 denomination banknotes being withdrawn? The…
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/-
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/- However, it may…
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021 Income…
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants.
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants. The CBDT has issued Press Release proposing…
Mere non-construction of property cannot be a ground to deny benefit u/s 54F : ITAT
Mere non-construction of property cannot be a ground to deny benefit u/s 54F : ITAT The case citation is…
Fine of Rs. 1 Lakh on Assessee for ‘Misconceived’ & ‘Mischievous’ submission in Reassessment writ petition
Fine of Rs. 1 Lakh on Assessee for ‘Misconceived’ & ‘Mischievous’ submission in Reassessment writ petition Madras High Court imposes…
Not everything said by a Judge when giving judgment that constitutes a precedent: Supreme Court
Not everything said by a Judge when giving judgment that constitutes a precedent: Supreme Court In his inimitable words, Hon’ble…
Capital Gain Exemption if the amount is used for Repayment of Housing Loan
Capital Gain Exemption if the amount is used for Repayment of Housing Loan Query 1] In the earlier issue of…
AO cannot reject the income estimated by the assessee by following the profit margin method, without first rejecting the books of accounts: ITAT Ahmedabad
AO cannot reject the income estimated by the assessee by following the profit margin method, without first rejecting the books…
Calcutta High Court set aside the order 148A(d) and 147 order and restored the matter in the stage of 148A(b)
Calcutta High Court set aside the order 148A(d) and 147 order and restored the matter in the stage of 148A(b)…
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