Income Tax“RBI Framework for Facilitating Small Value Digital Payments in Offline Mode”4 years agoRBI Framework for Facilitating Small Value Digital Payments in Offline Mode Key Highlight: RBI has issued this framework allowing offline…
Income TaxNo Sec. 68 additions if assessee routed its own accounted money back via share capital/premium: Delhi HC4 years agoNo Sec. 68 additions if assessee routed its own accounted money back via share capital/premium: Delhi HC PCIT v. Agson…
Income TaxUploading of the appeal in wrong forum – Obligatory on the part of the authorities to bring it to the notice of the assessee4 years agoUploading of the appeal in wrong forum – Obligatory on the part of the authorities to bring it to the…
Income TaxSuggestions to rationalise taxation of capital gains provisions By Balwant Jain4 years agoSuggestions to rationalise taxation of capital gains provisions By Balwant Jain Author Balwant Jain The income tax…
Income TaxValidity of Huge addition of Rs 177 crores wherein the show cause notice issued prior to the draft assessment order did not propose any addition4 years agoValidity of Huge addition of Rs 177 crores wherein the show cause notice issued prior to the draft assessment order…
Income TaxAssessment order quashed as the department could not produce any evidence of service of the show cause notice & the draft assessment order4 years agoAssessment order quashed as the department could not produce any evidence of service of the show cause notice & the draft…
Income TaxDelhi High Court directed ICAI to create a framework for regular disclosure of information of criminal cases / conviction etc. by the members4 years agoDelhi High Court directed ICAI to create a framework for regular disclosure of information of criminal cases / conviction etc.…
Income TaxPendency of case before other agencies can’t be a reason to transfer of assessee’s case to another State: HC4 years agoPendency of case before other agencies can’t be a reason to transfer of assessee’s case to another State: HC Divesh…
Income TaxCGST Bhiwandi Commissionerate arrests businessman for running fake ITC network4 years agoCGST Bhiwandi Commissionerate arrests businessman for running fake ITC network The officers of Bhiwandi Commissionerate of CGST Mumbai Zone have…
Income TaxMerely disowning bank accounts does not exempt assessee from paying tax on unexplained credits: ITAT Delhi4 years agoMerely disowning bank accounts does not exempt assessee from paying tax on unexplained credits: ITAT Delhi Arun Duggal v. SCIT…
Income TaxDaughters can inherit fathers’ self acquired, inherited properties: Supreme Court4 years agoDaughters can inherit fathers’ self acquired, inherited properties: Supreme Court Arunachala Gounder (Dead) Vs Ponnusamy (2022 LiveLaw (SC) 71)…
Income TaxDear Auditors, Get ready for New Reporting on Fraud in the Company (Auditors Report) Order, 20204 years agoDear Auditors, Get ready for New Reporting on Fraud in the Company (Auditors Report) Order, 2020 CARO 2020 which is…
Bank AuditIncome TaxExpectations of common tax payers for rationalisation of some tax provisions in the budget By Balwant Jain4 years agoExpectations of common tax payers for rationalisation of some tax provisions in the budget By Balwant Jain Author Balwant Jain…
Income TaxStatistics of various reports filed on Income Tax portal – as declared by CBDT chairman in his affidavit before Hon’ble Gujarat High Court4 years agoStatistics of various reports filed on Income Tax portal – as declared by CBDT chairman in his affidavit before Hon’ble…
Income TaxNotice issued against deceased person is null and void and liable to be set aside: Delhi HC4 years agoNotice issued against deceased person is null and void and liable to be set aside: Delhi HC IN THE HIGH…
Income TaxUnion Budget -2022: The Top 10 Expectation of the Taxpayers4 years agoUnion Budget -2022: The Top 10 Expectation of the Taxpayers The final countdown for the Union Budget 2022 has begun.…
Income TaxTransferring case to facilitate authorities to do an effective & co-ordinate investigation & assessment is valid: HC4 years agoTransferring case to facilitate authorities to do an effective & co-ordinate investigation & assessment is valid: HC Varun Raj Pillai…
GSTIncome taxRepresentation to FM by BJP CA Cell, Mumbai for GST betterment in Union Budget 20224 years agoRepresentation to FM by BJP CA Cell, Mumbai for GST betterment in Union Budget 2022 BJP CA cell has given…