ITR 1 – Validation Rules for AY 2022-23
ITR 1 – Validation Rules for AY 2022-23 Income Tax Department Government of India Central Board of Direct Taxes, e‑…
Income Tax
Non-compete fees paid to key employees at the time of joining is in the nature of “salary income”: Karnataka High Court
Non-compete fees paid to key employees at the time of joining is in the nature of “salary income”: Karnataka High…
Giving less than 24 hours to reply to the show cause notice is arbitrary & results in palpable injustice: Karnataka High Court
Giving less than 24 hours to reply to the show cause notice is arbitrary & results in palpable injustice: Karnataka…
“Income Tax Informant Reward Scheme,2018” in case of Complainant regarding tax evasion or Undisclosed foreign Income
“Income Tax Informant Reward Scheme,2018” in case of Complainant regarding tax evasion or Undisclosed foreign Income Salient Feature of…
Mere entry of cash credit in the books of accounts that would create liability, but there should be an actual flow of funds. – ITAT Delhi
Mere entry of cash credit in the books of accounts that would create liability, but there should be an actual…
ITAT has power to entertain a new claim for the first time: Supreme Court in WIPRO Finance Limited Vs CIT
ITAT has power to entertain a new claim for the first time: Supreme Court in WIPRO Finance Limited Vs CIT…
When the Constitution confers on the High Courts the power to give relief, it becomes the duty of the Courts to give such relief in appropriate cases and the Courts would be failing to perform their duty if relief is refused without adequate reasons: Supreme Court
When the Constitution confers on the High Courts the power to give relief, it becomes the duty of the Courts…
Material available with the Assessing Officer during the course of original assessment – No reassessment permissible u/s 147
Material available with the Assessing Officer during the course of original assessment – No reassessment permissible u/s 147 Bombay…
New categories of taxpayers notified for filing income tax return without income exceeding Rs. 2.50 Lakh
New categories of taxpayers notified for filing income tax return without income exceeding Rs. 2.50 Lakh Section 139 (1) (b)…
RBI MASTER DIRECTION -RBI (Regulatory Framework for Microfinance Loans) Directions, 2022
RBI MASTER DIRECTION -RBI (Regulatory Framework for Microfinance Loans) Directions, 2022 Author CS Deepak P. Singh Master Direction…
Notices issued after 01.04.2021 are valid notice- SC order likely in the next Week
Notices issued after 01.04.2021 are valid notice- SC order likely in the next Week SLP was filed by the…
Request for simplifying the form filing process on the new MCA/LLP portal or the Ministry of Corporate Affairs
Request for simplifying the form filing process on the new MCA/LLP portal or the Ministry of Corporate Affairs Business cell…
Notice and Reassessment order quashed as Approval Granted in a mechanical way without applying their mind: Bombay HC in Raimaladitya Textile Pvt. Ltd
Notice and Reassessment order quashed as Approval Granted in a mechanical way without applying their mind: Bombay HC in Raimaladitya…
Know about Article 142 of The Constitution of India which is likely to be invoked for validating section 148 Notice
Know about Article 142 of The Constitution of India which is likely to be invoked for validating section 148 Notice…
Validity of imposition of penalty for not getting the books of accounts audited due to ignorance of law
Validity of imposition of penalty for not getting the books of accounts audited due to ignorance of law ”Ignorance…
Writ can be filed even if alternative remedy in the form of CIT – Appeal Is not used by the taxpayers.
Writ can be filed even if alternative remedy in the form of CIT – Appeal Is not used by the…
“Section 148 controversy likely to be decided in favour of the Revenue”
“Section 148 controversy likely to be decided in favour of the Revenue” Section 148 controversy appears to have been finally…
