Mere typographical/human error committed by the assessee cannot cost them payment of excess tax
Mere typographical/human error committed by the assessee cannot cost them payment of excess tax Powers of Commissioner of Income-tax u/s…
Income Tax
Roll out of ‘AIS for Taxpayer’ Mobile App
Roll out of ‘AIS for Taxpayer’ Mobile App ITD has launched a mobile app ‘AIS for Taxpayers’ to enable…
Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying additional fee : ICSI
Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31,2022 without levying…
ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation u/s 143(1)
ITAT remits the issue back in case of delay in filing appeal of 9 years, in absence of Proper Intimation…
Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court
Petitioner cannot be denied GST Refund because of allegations of any fake credit availed by its supplier: High Court …
Software/technical error ground can be considered by appellate authority: Bombay High Court
Software/technical error ground can be considered by appellate authority: Bombay High Court IN THE HIGH COURT OF JUDICATURE…
When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial year, no material evidence may be available on the land to show that the assessee has cultivated as claimed. AO has to rely on other records: ITAT
When the Assessing Officer has taken up the assessment for examination after three or four years from the relevant financial…
Income reflected in 26AS after I filed my Income Tax Return – How to rectify it now?
Income reflected in 26AS after I filed my Income Tax Return – How to rectify it now? Query]…
Explanation 2 to section 263 inserted w.e.f. 01.06.2015 is prospective and applicable with effect from 1st June, 2015.
Explanation 2 to section 263 inserted w.e.f. 01.06.2015 is prospective and applicable with effect from 1st June, 2015. …
AO cannot change the valuation method from DCF to NAV: ITAT Chennai.
AO cannot change the valuation method from DCF to NAV: ITAT Chennai. M/s. Brio Bliss Life Science P Ltd.…
Karnataka HC directs Dept. to follow procedure prescribed in Circular to allow ITC for bonafide mistakes in returns for FY 19-20 as well
Karnataka HC directs Dept. to follow procedure prescribed in Circular to allow ITC for bonafide mistakes in returns for FY…
Delhi High Court set aside Section 148A(d) order passed without considering reply of Assessee
Delhi High Court set aside Section 148A(d) order passed without considering reply of Assessee IN THE HIGH COURT OF…
Reassessment proceedings under section 148 of Income-tax Act, 1961 cannot be initiated merely for verification of the information reflected on the Insight Portal.
Reassessment proceedings under section 148 of Income-tax Act, 1961 cannot be initiated merely for verification of the information reflected on…
e-Verification Scheme of CBIT is another initiative facilitating voluntary compliance
e-Verification Scheme of CBIT is another initiative facilitating voluntary compliance WhatsApp Image 2023-03-14 at 08.37.39 (1)
Entire purchase amount of such bogus purchases cannot be added at best, the addition limited to the extent of G. P. Rate
Entire purchase amount of such bogus purchases cannot be added at best, the addition limited to the extent of G.…
Bombay HC quashes reassessment proceedings on account of mere change of opinion
Bombay HC quashes reassessment proceedings on account of mere change of opinion Jetair Pvt Ltd vs. Deputy Commissioner of…
Assessment Order based on an uncertain issue of treaty benefit is not a fit case for revision U/S 263
Assessment Order based on an uncertain issue of treaty benefit is not a fit case for revision U/S 263 Tata…
“Corporate Compliance Calendar for the m/o March, 2023”.
“Corporate Compliance Calendar for the m/o March, 2023”. About Article: This article contains various Compliance requirementsfor the Month of March, 2023under various Statutory…
