SC holds reassessment notices issued under old regime deemed to be issued under Sec.148A
SC holds reassessment notices issued under old regime deemed to be issued under Sec.148A The landmark and out of…
Income Tax
Validity of adjustment u/s 143(1)(a) on the basis of views expressed by the tax auditor in tax audit report
Validity of adjustment u/s 143(1)(a) on the basis of views expressed by the tax auditor in tax audit report …
Section 148 Controversy put to Rest – 90000 cases given new life by Hon’ble Supreme Court
Section 148 Controversy put to Rest – 90000 cases given new life by Hon’ble Supreme Court With 7 High…
Legal fees for criminal cases is an allowable expenses: ITAT Mumbai
Legal fees for criminal cases is an allowable expenses: ITAT Mumbai Penalty for violation of any law is not an…
Operative part of the Supreme Court justifying section 148 notice issued by the Income Tax Department for reassessment proceeding initiated after 01.04.2021
Operative part of the Supreme Court justifying section 148 notice issued by the Income Tax Department for reassessment proceeding initiated…
Additions cannot be made under the Income Tax Act, 1961 on the basis of documents that are declared as ‘dumb documents’
Additions cannot be made under the Income Tax Act, 1961 on the basis of documents that are declared as ‘dumb…
7 noteworthy points of the Supreme Court order justifying reassessment proceeding on the basis of notices issued after 31.03.2021 without complying with the provision of section 148A
7 noteworthy points of the Supreme Court order justifying reassessment proceeding on the basis of notices issued after 31.03.2021 without…
Common Offline Utilities for filing Statutory Income-tax Form No. 3CA-3CD & 3CB-3CD released
Common Offline Utilities for filing Statutory Income-tax Form No. 3CA-3CD & 3CB-3CD released Following issues faced by few Taxpayers…
Faceless assessment does not mean that no responsibility can be fixed for passing such an erroneous order: Delhi High Court
Faceless assessment does not mean that no responsibility can be fixed for passing such an erroneous order: Delhi High Court…
Supreme Court upholds the validity of notices issued under Old Sec 148 after 31st Mar 2021:
Supreme Court upholds the validity of notices issued under Old Sec 148 after 31st Mar 2021: Union of India &…
How to file Form NO. 10BD – Stepwise Guide
How to file Form NO. 10BD – Stepwised Guie The trusts & institutions who are registered u/ s 80G are…
Sum received by Son from mother to giving up rights in properties of deceased father can’t be taxed u/s 45: ITAT
Sum received by Son from mother to giving up rights in properties of deceased father can’t be taxed u/s 45:…
Section 148 controversy settled in favour of the Revenue
Section 148 controversy settled in favour of the Revenue The hearing on validity of notices issued u/s 148 after 01.04.2021…
High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects.
High Court cannot dismiss an appeal u/s. 260A merely having an opinion that the proposed questions of law are not substantial questions of law and they are only on factual aspects. NONREPORTABLE IN THE…
Compliance Calendar for May-22
Compliance Calendar for May-22 INCOME TAX 07th May 2022- Due date for TDS/TCS payment for April’22. 15th May 2022-…
PURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION
PURCHASE OF PROPERTY FROM NRI AND TDS RELATED PROVISION Have you bought an immovable property and you are worried about…
Rule 12AC notified ITR – U for Updated return u/s 139(8A).
Rule 12AC notified ITR – U for Updated return u/s 139(8A). pdated return can be filed for A.Y. 20-21 onwards…
Consumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital gain: ITAT Mumbai
Consumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital…
