Bogus Purchases: ITAT deletes addition without Proper Cross-Verification:
Bogus Purchases: ITAT deletes addition without Proper Cross-Verification: M/s Ravi Developments (ITA.No.764 & 765/Mum./2022) Facts: Purchases were made by…
Income Tax
Now ROC to carry out Physical verification of the Registered Office of the Company: Display the company information in the Board
Now ROC to carry out Physical verification of the Registered Office of the Company: Display the company information in the…
Reassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6 Years
Reassessment litigation to continue – Calcutta High Court Stays the show cause Notice and Initiation of Reassessment Proceeding beyond 6…
Section 40(a)(ia) not only covers cases where amount is yet to be paid but also those cases where amount has actually been paid.
Section 40(a)(ia) not only covers cases where amount is yet to be paid but also those cases where amount has…
Prosecution for non filing of Income Tax Return
Prosecution for non filing of Income Tax Return Prosecution proceedings are going to witness a hefty rise in years to…
Date of allotment Vs. Date of Sale Deed: How to compute the Period of Holding
Date of allotment Vs. Date of Sale Deed: How to compute the Period of Holding We (I along with my…
HC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist and Turn ahead
HC issued notice and granted interim stay where reassessment notice is issued for AY 2013-14 on 13th April, 2021: The twist…
Clause 44 of the Tax Audit Report & contents of the Guidance Note issued by the ICAI:
Clause 44 of the Tax Audit Report & contents of the Guidance Note issued by the ICAI: Clause 44 of…
Calcutta HC quashes Assessment Order passed under old surrendered PAN
Calcutta HC quashes Assessment Order passed under old surrendered PAN Shakuntala Sales Incorporation (W.P.A. 17644 of 2022) Facts: The main…
Ease of doing business: Foreign Exchange Management (Overseas Investment) Rules, 2022 – Revised regulatory framework for overseas investment provides for simplification of the existing framework for overseas investment
Ease of doing business : Foreign Exchange Management (Overseas Investment) Rules, 2022 – Revised regulatory framework for overseas investment provides…
Delay in filing form 67 for claiming Foreign Tax Credit – Mandatory or Directory requirement
Delay in filing form 67 for claiming Foreign Tax Credit – Mandatory or Directory requirement Recently, the division bench of…
Short overview of the Mode of Acquisition of NDTV stake by Adani
Short overview of the Mode of Acquisition of NDTV stake by Adani Adani group has acquired 29.18% stake in NDTV.…
Before issuing Notice U/s 148 – CBDT Caution instructions after Rs. 50 Lakh fine order by Allahabad High Court
Before issuing Notice U/s 148 – CBDT Caution instructions after Rs. 50 Lakh fine order by Allahabad High Court …
Representation on RCM Residential , Appeal and GTA by Maharashtra Tax Practitioners Association
Representation on RCM Residential , Appeal and GTA by Maharashtra Tax Practitioners Association An aptr GST Representation to FM…
Show Cause Notice (SCN) can’t be issued in respect of transactions which took place more than 8 years back, where law requires record to be maintained for 8 years: SC
Show Cause Notice (SCN) can’t be issued in respect of transactions which took place more than 8 years back, where…
Disclaimer in Clause No. 44 of Tax Audit Report IS better than Disclosure as Tax auditor requires to certify the report as True & Correct and not as True & Fair
Disclaimer in Clause No. 44 of Tax Audit Report IS better than Disclosure as Tax auditor requires to certify the…
पिक्चर अभी बाकी है – Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High Court
पिक्चर अभी बाकी है – Union of India Vs. Ashish Agarwal decided on 04.05.2022 challenged before P & H High…
Deduction U/s 80G towards Donation by an employee
Deduction U/s 80G towards Donation by an employee Section 80G provides for deductions on account of donation made to various…
