Taxation of amount withdrawn from Systematic Investment Plan (SIP) of Mutual fund
Taxation of amount withdrawn from Systematic Investment Plan (SIP) of Mutual fund Query] I have been investing in mutual…
Income Tax
Guidelines to identify mismatch of credit between GSTR- 2A and GSTR-3B in 2017-18 and 18-19
Guidelines to identify mismatch of credit between GSTR- 2A and GSTR-3B in 2017-18 and 18-19 Finally, CBIC has issued…
If the assessee has maintained regular books of accounts, bills, vouchers and day to day stock register having complete quantitative details, addition U/s 68 is not proper.
If the assessee has maintained regular books of accounts, bills, vouchers and day to day stock register having complete quantitative…
Agreement to sale entered prior to introduction of section 43CA –No addition even though the amount was received in cash if the stamp duty valuation was less at the time of agreement
Agreement to sale entered prior to introduction of section 43CA –No addition even though the amount was received in cash…
Capital Gain exemption admissible if the taxpayers acquired substantial domain over the house property and has paid the entire cost
Capital Gain exemption admissible if the taxpayers acquired substantial domain over the house property and has paid the entire cost.…
If substantial investment is made, the capital gain exemption is admissible even if the construction is not complete
If substantial investment is made, the capital gain exemption is admissible even if the construction is not complete MP…
Whether a society can claim credit for invoice received for repairs and maintenance services (“Works Contract”) of the building and adjust the same against their output tax liabilities on account of contribution from members?
Whether a society can claim credit for invoice received for repairs and maintenance services (“Works Contract”) of the building and…
Merely raising the dispute before any authority cannot be a ground not to levy the interest and/or waiver of interest under section 220(2A)
Merely raising the dispute before any authority cannot be a ground not to levy the interest and/or waiver of interest…
If the cash sales and receipts are duly supported by relevant bills which were produced in the course of assessment proceedings, addition U/s 68 is unwarranted
If the cash sales and receipts are duly supported by relevant bills which were produced in the course of assessment…
No new material or facts came to the knowledge of the assessing officer- Reopening is invalid
No new material or facts came to the knowledge of the assessing officer- Reopening is invalid There are various cases…
Foreign tax credit cannot be denied merely due to delay in filing of Form 67: ITAT
Foreign tax credit cannot be denied merely due to delay in filing of Form 67: ITAT Nirmala Murli Relwani…
Non-sharing of all the relevant details and documents related to escapement of income & validity of section 148 notice
Non-sharing of all the relevant details and documents related to escapement of income & validity of section 148 notice The…
Reopening on the same set of facts which was available earlier is invalid: Calcutta High Court
Reopening on the same set of facts which was available earlier is invalid: Calcutta High Court There are various cases…
Short Overview of the Circular No. 183 to 188 issues by CBIC
Short Overview of the Circular No. 183 to 188 issues by CBIC Multiple circulars issued by CBIC on GST from…
No taxation U/s 56(2)(vii) if the transaction of sale was pursuant to genuine agreement to sale entered earlier
No taxation U/s 56(2)(vii) if the transaction of sale was pursuant to genuine agreement to sale entered earlier …
No opportunity of cross-examination provided: HC quashed section 148 notice
No opportunity of cross-examination provided: HC quashed section 148 notice The issue was related to section 69C read with section…
Excess availment of Input tax credit pertaining for the FY 2017-18 & FY 2018-19: An overview of the circular No.183/15/2022 Dt.27/12/2022:
Excess availment of Input tax credit pertaining for the FY 2017-18 & FY 2018-19: An overview of the circular No.183/15/2022…
Pune ITAT allows deduction u/s. 80P(2)(a)(i) & 80P(2)(d) in respect of interest income on its investment
Pune ITAT allows deduction u/s. 80P(2)(a)(i) & 80P(2)(d) in respect of interest income on its investment Despite a few contrary…
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