Income Taxother topicCrypto & NFT businesses are now ‘reporting entities’ under the Prevention of Money-Laundering Act (PMLA).3 years agoCrypto & NFT businesses are now ‘reporting entities’ under the Prevention of Money-Laundering Act (PMLA). The Govt. of India…
Income TaxBombay High Court has again directed Revenue to take requisite steps to curb litigation in the absence of the Goods and Services Tax (GST) Appellate Tribunal3 years agoBombay High Court has again directed Revenue to take requisite steps to curb litigation in the absence of the Goods…
Income Taxother topicTransfer of Virtual Digital Assets to be governed under the Prevention of Money Laundering Act of 20023 years agoTransfer of Virtual Digital Assets to be governed under the Prevention of Money Laundering Act of 2002 The Central Government…
Income Taxother topicNew Tab “Comply to Notice” is introduced at the Income Tax E – Portal3 years agoNew Tab “Comply to Notice” is introduced at the Income Tax E – Portal Using this Tax Payer can…
Income TaxHigh-pitched tax demand of Rs. 1140 crore on OYO and Stay petitionz3 years agoHigh-pitched tax demand of Rs. 1140 crore on OYO and Stay petitionz For the Assessment year 2021-22, the tax…
Income TaxDelay in filing of Form 67 in relation to Foreign Tax Credit under rule 128 is merely a procedural defects: ITAT3 years agoDelay in filing of Form 67 in relation to Foreign Tax Credit under rule 128 is merely a procedural defects:…
Cgst ActsGSTIT JudgementSCN must clearly mention specific reason for which the action is being taken3 years agoSCN must clearly mention specific reason for which the action is being taken Santosh Kumar Roy v. State…
Income Taxother topicProposal for Maharashtra VAT Amnesty Scheme by BJP CA Cell, Mumbai3 years agoProposal for Maharashtra VAT Amnesty Scheme by BJP CA Cell, Mumbai Date-04.03.2023 To, Shri Devendta Fadnavis ji…
Income TaxMaking March Meaningful – Tax caution before 31st March Ends3 years agoMaking March Meaningful – Tax caution before 31st March Ends March is the best time for the taxpayers to revisit…
Income Taxother topicNo opportunity to cross-examine persons on whose statement department is relying, Addition deleted by Chandigarh ITAT3 years agoNo opportunity to cross-examine persons on whose statement department is relying, Addition deleted by Chandigarh ITAT ITAT Chandigarh…
Income Tax50 Cases wherein the fine is imposed on Income Tax Authorities or warning is given for not following due procedure during Assessment3 years ago50 Cases wherein the fine is imposed on Income Tax Authorities or warning is given for not following due procedure…
Capital GainIncome TaxTax evasion in Penny Stocks: C&AG Report in public domain suggesting that the hype could not generate the revenue it had hoped4 years agoTax evasion in Penny Stocks: C&AG Report in public domain suggesting that the hype could not generate the revenue it…
Income TaxIT JudgementCompensation received from developer pursuant to consumer court order is a capital receipt – Not liable for taxation4 years agoCompensation received from developer pursuant to consumer court order is a capital receipt – Not liable for taxation …
Income TaxWhen the agricultural products are traded in unorganized sector in the country, expecting the assessee to produce bills for sale of agricultural produce is something which cannot be expected: ITAT4 years agoWhen the agricultural products are traded in unorganized sector in the country, expecting the assessee to produce bills for sale…
IT JudgementFor AY 2006-07 there was no need to file ITR for claiming exemption U/S 54B: ITAT Bangalore4 years agoFor AY 2006-07 there was no need to file ITR for claiming exemption U/S 54B: ITAT Bangalore Sri Thimmegowada Shekar…
Income TaxHigh Pitched Income Tax demand of Rs 1140 crores on Oyo: Delhi HC directs CIT to grant a personal hearing4 years agoHigh Pitched Income Tax demand of Rs 1140 crores on Oyo: Delhi HC directs CIT to grant a personal hearing…
Income TaxAdjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid4 years agoAdjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid…
GSTIncome TaxCOMPLIANCE CALENDAR MARCH – 20234 years agoCOMPLIANCE CALENDAR MARCH – 2023 Nature of Compliance DueDate Challan-cum-statement of TDS U/s 194IA/ 194IB/ 194M for…