Income TaxIncome from sale outside India not taxable16 Feb at 6:39 am0Income from sale outside India not taxable The copy of the order is as under: 1707371999-ITA NO. 2401…
Income TaxMadras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons16 Feb at 5:39 am0Madras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons In a recent landmark judgment,…
Income TaxWhen Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income?15 Feb at 11:24 am0When Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income? When…
Income TaxWhether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ?15 Feb at 8:34 am0Whether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ? …
Income TaxWhether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?15 Feb at 8:10 am0Whether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?…
Income TaxReceipt from sale of software as an end user is not taxable as Royalty: ITAT14 Feb at 5:39 am0Receipt from sale of software as an end user is not taxable as Royalty: ITAT ACIT,Circle-2(2),International Taxation, New Delhi…
Income TaxNo interest or penalty is leviable on wrong availment of ITC which was never utilised13 Feb at 11:48 am0No interest or penalty is leviable on wrong availment of ITC which was never utilised The Punjab and Haryana High…
Income TaxIf the case is selected for “limited scrutiny” no further enquiry can be made by the Commissioner in the revisional proceedings U/s 263 that is no way directly or indirectly connected with any of the aforesaid “limited scrutiny”: ITAT Surat12 Feb at 6:46 am0If the case is selected for “limited scrutiny” no further enquiry can be made by the Commissioner in the revisional…
Income TaxSection 148 notice was void ab initio if no prima facie satisfaction recorded12 Feb at 6:23 am0Section 148 notice was void ab initio if no prima facie satisfaction recorded Case Name : AEP Investments (Mauritius)…
Income TaxRevisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai ITAT12 Feb at 5:51 am0Revisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai…
Income TaxSale of Property by NRI & Income Tax Implication12 Feb at 5:26 am0Sale of Property by NRI & Income Tax Implication Query 1] I am an NRI & since last…
Income TaxIT JudgementKerala Garment Association decision to stop purchases from Micro & Small Enterprises10 Feb at 11:20 am0Kerala Garment Association decision to stop purchases from Micro & Small Enterprises Letter to suppliers signed_240210_133427 (1)
GSTIncome TaxNo GST Leviable On Lease Of Buses To Public Transport Department10 Feb at 11:01 am0No GST Leviable On Lease Of Buses To Public Transport Department The Andhra Pradesh Appellate Authority of Advance Ruling…
Income TaxITAT case on salary earned by the non resident outside India10 Feb at 5:57 am0ITAT case on salary earned by the non resident outside India Devi Dayal vs DCIT, 2024, Delhi ITAT (ITA…
Income TaxOrder quashing ITC claim without considering relevant documents is liable to be set aside.9 Feb at 5:44 am0Order quashing ITC claim without considering relevant documents is liable to be set aside. A recent ruling from the…
Income TaxITR From: 12 Changes in ITR – 6 for AY 2024-258 Feb at 6:00 am0ITR From: 12 Changes in ITR – 6 for AY 2024-25 CBDT has notified Income-tax Return Form 6…
Income TaxInput Tax Credit (ITC) on Flight Tickets7 Feb at 6:23 am0Input Tax Credit (ITC) on Flight Tickets The Goods and Services Tax, or GST for short, is an important…
Income TaxLiberal interpretation should be made on what constitutes ‘genuine hardship’ for condoning delay in filing ITR: Bombay HC6 Feb at 5:57 am0Liberal interpretation should be made on what constitutes ‘genuine hardship’ for condoning delay in filing ITR: Bombay HC Facts:…