ITAT Quashed the Assessment order as Actual Income Escapement was below ₹ 50 Lakhs
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ITAT Quashed the Assessment order as Actual Income Escapement was below ₹ 50 Lakhs Recently, the ITAT has quashed the assessment…
Income Tax
No exemption available if the construction done before the date of capital gain
No exemption available if the construction done before the date of capital gain The ITAT Pune, in the case…
Bombay High Court Grants Interim Relief to Hindustan Coca-Cola in ₹2,500 Cr GST Dispute!
Bombay High Court Grants Interim Relief to Hindustan Coca-Cola in ₹2,500 Cr GST Dispute! In a significant development, the Bombay…
No addition could be made on the basis of ‘Mobile data or loose paper in the absence of corroborative evidence: ITAT Chandigarh
No addition could be made on the basis of ‘Mobile data or loose paper in the absence of corroborative evidence:…
Condonation of Delay before CIT-A or ITAT or HC: Few case laws taxpayers can rely upon
Condonation of Delay before CIT-A or ITAT or HC: Few case laws taxpayers can rely upon In tax litigation, delays…
Bombay HC confirmed addition of 100% of peak purchases from tainted parties
Bombay HC confirmed addition of 100% of peak purchases from tainted parties Recently, the Hon,ble BHC in case of…
Compensation for Nuisance is Non-Taxable Capital Receipt: ITAT Mumbai
Compensation for Nuisance is Non-Taxable Capital Receipt: ITAT Mumbai Recently, ITAT Mumbai in the case of Mohammed Fakhre Alam…
Intimation under section 143(1) is invalid in law if it was not served to the assessee within the prescribed timelines: ITAT Ahmedabad
Intimation under section 143(1) is invalid in law if it was not served to the assessee within the prescribed timelines:…
No percentage Business: 100% of the Bogus purchase disallowed by Bombay HC
No percentage Business: 100% of the Bogus purchase disallowed by Bombay HC Here is Another judgement of the Bombay…
Interest on Delayed Payment under Section 16 of the MSMED Act and its Allowability under the IT Act
Interest on Delayed Payment under Section 16 of the MSMED Act and its Allowability under the IT Act The…
30th April 2025- Last date for opting the Direct Tax Vivad se Vishwas, 2024 is 30 April 2025
30th April 2025- Last date for opting the Direct Tax Vivad se Vishwas, 2024 is 30 April 2025 For the…
Pune ITAT Declares Assessment Invalid as notice not served at Correct Address
Pune ITAT Declares Assessment Invalid as notice not served at Correct Address In Dhanottam Lonkar vs. ITO (ITA No.214/PUN/2022),…
Mutual Funds earned by a Singapore resident is not taxable in India unlike shares: ITAT Mumbai
Mutual Funds earned by a Singapore resident is not taxable in India unlike shares: ITAT Mumbai Anushaka Sanjay Shah (Ms)…
Length of delay is immaterial when there exists “sufficient cause”- ITAT condoned the delay of 1607 days
Length of delay is immaterial when there exists “sufficient cause”- ITAT condoned the delay of 1607 days ITAT Ahmedabad…
HC directed CBDT to apply VsV Scheme, 2024 to taxpayers where due date of filing of appeal has not expired
HC directed CBDT to apply VsV Scheme, 2024 to taxpayers where due date of filing of appeal has not expired…
Oops, Missed a TDS Claim? Here’s How You Can Still Claim It!
Oops, Missed a TDS Claim? Here’s How You Can Still Claim It! Query 1] I have filed my…
An overview of the ROC Compliance & Due Dates for the FY 2024-25
An overview of the ROC Compliance & Due Dates for the FY 2024-25 1. April 30, 2025 Form MSME-1 (Half-Yearly…
Hello Companies! Don’t Miss to file Form MSME-1 – The New Compliance!
Hello Companies! Don’t Miss to file Form MSME-1 – The New Compliance! For all companies in India dealing with…
