Income TaxFiling of a suit against Partnership Firm & Its Partners: Decree passed against a Firm is binding on all persons who were partners4 years agoFiling of a suit against Partnership Firm & Its Partners: Decree passed against a Firm is binding on all persons who…
Income TaxNFRA penalises CA for not reporting ‘material misstatements’ in listed companies Financial Statements4 years agoNFRA penalises CA for not reporting ‘material misstatements’ in listed companies Financial Statements NFRA imposes a penalty of…
IT JudgementWithout any material to substantiate that assessee has not committed any violation of section 269SS of the Act, Penalty U/s 271D cannot be deleted4 years agoWithout any material to substantiate that assessee has not committed any violation of section 269SS of the Act, Penalty U/s…
Income TaxCIT(A) deleted the addition made by the AO without calling for the remand report of the AO- ITAT remanded back the case to AO4 years agoCIT(A) deleted the addition made by the AO without calling for the remand report of the AO- ITAT remanded back…
Income TaxPresumptive scheme of taxation for earlier years & Additions on the ground of bogus sundry creditors during assessment4 years agoPresumptive scheme of taxation for earlier years & Additions on the ground of bogus sundry creditors during assessment TAT…
Income TaxRevenue cannot in unilateral proceedings disallow expenditure U/s 143(1) without affording an opportunity to the assessee4 years agoRevenue cannot in unilateral proceedings disallow expenditure U/s 143(1) without affording an opportunity to the assessee There…
Income TaxGovernment & CBDT taking seriously the casual approach of the Officers in Faceless Assessment Scheme4 years agoGovernment & CBDT taking seriously the casual approach of the Officers in Faceless Assessment Scheme The system of…
Income TaxIncome Tax Appeal may be filed even by the struck off company too: ITAT4 years agoIncome Tax Appeal may be filed even by the struck off company too: ITAT ITTA Delhi has recently held…
Income TaxA Taxpayer can use any source of funds to buy new house for claiming section 54 deduction: ITAT4 years agoA Taxpayer can use any source of funds to buy new house for claiming section 54 deduction: ITAT Whether the…
Income TaxWhether penalty imposed u/s 271D is rightly upheld where assessee is unable to establish that provisions of Section 269SS were not contravened – YES: ITAT4 years agoWhether penalty imposed u/s 271D is rightly upheld where assessee is unable to establish that provisions of Section 269SS were…
Income TaxNo Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee4 years agoNo Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee+ The issue…
IT JudgementEx-parte order passed without granting sufficient time to the assessee quashed4 years agoEx-parte order passed without granting sufficient time to the assessee quashed The system of Faceless assessment has witnessed…
IT Judgementother topicDiscussion Paper on Remuneration of an Insolvency Professional4 years agoDiscussion Paper on Remuneration of an Insolvency Professional This paper deals with issue of fee of an insolvency professional…
Income TaxOption to Save Capital Gain Tax without investment in the House Property4 years agoOption to Save Capital Gain Tax without investment in the House Property Query 1] a)I have a flat at Nagpur.…
Income TaxWidening of the scope of the Tax Audit Report by Cause No. 44 of the Form No. 3CD: The Terrible Time Consuming Exercise ahead4 years agoWidening of the scope of the Tax Audit Report by Cause No. 44 of the Form No. 3CD: The Terrible…
IT JudgementWhere substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC4 years agoWhere substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC …
Income TaxMcDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism4 years ago McDonalds to pay France $1.3 billion in tax evasion case: India to strengthen the mechanism International taxation is…
IT JudgementITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation4 years agoITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation Sec 50C…