GSTIncome TaxCompliance Calendar for May’20254 months agoCompliance Calendar for May’2025 INCOME TAX – 07th May 2025- Due date for deposit of Tax collected for the…
Income TaxYour Housing Society vs the Taxman: What Every RWA Needs to Know 4 months agoYour Housing Society vs the Taxman: What Every RWA Needs to Know Query] Will you please let me know the…
Income TaxDifference of opinion does not justify revision under Section 263: SLP of Revenue dismissed by SC4 months agoDifference of opinion does not justify revision under Section 263: SLP of Revenue dismissed by SC Recently, SLP of…
Income TaxCapital Gain Exemption Allowed by Delhi ITAT in case of property sold in Individual person and investment is done two properties in two names4 months agoCapital Gain Exemption Allowed by Delhi ITAT in case of property sold in Individual person and investment is done two…
Income TaxIf a provision was not available in the statute at the time of entering into the agreement, it cannot be applied subsequently: Nagpur ITAT4 months agoIf a provision was not available in the statute at the time of entering into the agreement, it cannot be…
Income TaxCompensation for removing the nuisance – Can it be a Tax Planning Tool?4 months agoCompensation for removing the nuisance – Can it be a Tax Planning Tool? Mumbai Tribunal in the case of…
Income TaxRetraction of statement by one individual does not nullify other direct and corroborative evidence obtained during Search4 months agoRetraction of statement by one individual does not nullify other direct and corroborative evidence obtained during Search Chhattisgarh High…
Income TaxGST: ITC cannot be denied if the supplier’s GSTIN was active at the time of the transaction4 months agoGST: ITC cannot be denied if the supplier’s GSTIN was active at the time of the transaction Here is…
Income TaxAbsence of the VDIS certificate cannot be fatal to the assessee’s claim if credible alternate evidence is produced4 months agoAbsence of the VDIS certificate cannot be fatal to the assessee’s claim if credible alternate evidence is produced Delhi ITAT…
Income TaxReassessment completed without issuance of notice U/s 143(2) Notice- Assessee’s participation doesn’t not validate the proceeding4 months agoReassessment completed without issuance of notice U/s 143(2) Notice- Assessee’s participation doesn’t not validate the proceeding Recently, ITAT Delhi…
Income TaxDelay in appointment of Women Director – ROC imposed a penalty of Rs. 3.43 Lakh on the company and its Directors4 months agoDelay in appointment of Women Director – ROC imposed a penalty of Rs. 3.43 Lakh on the company and its…
Income TaxReopening U/s 147 is invalid if it is alleging bogus purchases where infact there was no purchases in the relevant year.4 months agoReopening U/s 147 is invalid if it is alleging bogus purchases where infact there was no purchases in the relevant…
Income TaxITAT Mumbai Slams AO for Not Probing Real Culprits – Quashed Rs. 103 Cr Benami Addition on Auto-Rickshaw Driver4 months agoITAT Mumbai Slams AO for Not Probing Real Culprits – Quashed Rs. 103 Cr Benami Addition on Auto-Rickshaw Driver …
Income TaxBombay High Court struck down the practice of adjusting tax refunds beyond the 20% demand payment as illegal and against CBDT Circulars.4 months agoBombay High Court struck down the practice of adjusting tax refunds beyond the 20% demand payment as illegal and against…
Income Taxother topicBJP CA cell demanded Amnesty Scheme for Partnership Firms4 months agoBJP CA cell demanded Amnesty Scheme for Partnership Firms Date: – 29/04/2025 To, Shri Devendra Fadnavis Ji Hon’ble Dy. Chief…
Income TaxKey Changes in ITR Forms for AY 2025-26 You Should Know4 months agoKey Changes in ITR Forms for AY 2025-26 You Should Know The Income Tax Department has notified several important…
Income TaxReopening cannot be based on incorrect or non-existent facts: ITAT Hyderabad4 months agoReopening cannot be based on incorrect or non-existent facts: ITAT Hyderabad The Indian Income Tax Act, 1961 provides a…
Income TaxITAT Delhi allowed the commission paid to shareholder-directors under section 36(1)(ii)4 months agoITAT Delhi allowed the commission paid to shareholder-directors under section 36(1)(ii) The Revenue filed an appeal before the Hon’ble…