An Overview of Various Assessments under the Income Tax Law
An Overview of Various Assessments under the Income Tax Law “Assessment” is one of the most common terminologies which is…
Income Tax
No gst on developed plots sale: AAR Karnataka
No gst on developed plots sale: AAR Karnataka KARNATAKA-AAR KAR ADRG 31/2022 Rabia Khanum …..Appellant M.P. Ravi Prasad and T.…
Reassessment proceedings for the AY 2013-14 is not time-barred – Delhi High Court
Reassessment proceedings for the AY 2013-14 is not time-barred – Delhi High Court Delhi High Court in the case…
Reopening after 3 years & the amendment by the Finance Act-2022
Reopening after 3 years & the amendment by the Finance Act-2022 In a latest judgment of Rajasthan HC on…
Cash deposit during demonetization: Addition of Cash sales as unexplained deleted by Raipur ITAT
Cash deposit during demonetization: Addition of Cash sales as unexplained deleted by Raipur ITAT Here is an interesting…
Short overview of the Change in the Guidelines of the Compounding of Offences under the Income Tax Act-1961
Short overview of the Change in the Guidelines of the Compounding of Offences under the Income Tax Act-1961 The…
Employees of Nationalized Bank & PSU are not Government Employees for availing exemptions under section 10 or (10AA) of Income tax Act 1961
Employees of Nationalized Bank & PSU are not Government Employees for availing exemptions under section 10 or (10AA) of Income…
Tax Benefit to the units set up in Special Economic Zone (SEZ)
Tax Benefit to the units set up in Special Economic Zone (SEZ) The Government thus declared that any entrepreneur who…
ROC imposed penalty for not mentioning the DIN of directors in the financial statements
ROC imposed penalty for not mentioning the DIN of directors in the financial statements Penalty levied by the Registrar…
Income Tax Department conducts searches in Tamil Nadu
Income Tax Department conducts searches in Tamil Nadu …
Any provision for deduction of tax at source in the said section would not govern the taxability of the receipt: P & H HC
Any provision for deduction of tax at source in the said section would not govern the taxability of the receipt:…
Reopening after 3 years possible only if the AO is able to establish that income escaped is more than Rs. 50 Lakh: Rajasthan High Court
Reopening after 3 years possible only if the AO is able to establish that income escaped is more than Rs.…
CGST Bhiwandi Commissionerate arrested one person for fraudulent availment of ITC on bogus invoices of Rs 45 cr
CGST Bhiwandi Commissionerate arrested one person for fraudulent availment of ITC on bogus invoices of Rs 45 cr
CBDT Circular on Applicability of TDS U/s 194R on dealers conference, OTS By bank, reimbursement of Expenses, allowability of depreciation on the gifted Car etc.
CBDT Circular on Applicability of TDS U/s 194R on dealers conference, OTS By bank, reimbursement of Expenses, allowability of depreciation…
Trust Auditor; Application of funds can only be made on actual payment basis in case of trusts having 12A
Trust Auditor; Application of funds can only be made on actual payment basis in case of trusts having 12A …
TDS Refund Fraud: EOW action on complaint of TDS wing Bhubaneswar
TDS Refund Fraud: EOW action on complaint of TDS wing Bhubaneswar
Income Tax Department conducts searches in Mumbai
Income Tax Department conducts searches in Mumbai Government of India Ministry of Finance Department of Revenue Central Board of…
Validity of the demand and penalty if the E Way bill was invalid at the time of interception of goods
Validity of the demand and penalty if the E Way bill was invalid at the time of interception of goods…
