Faceless assessment order set aside as time frame provided to assessee was too short to respond to Show Cause Notice (SCN)
Faceless assessment order set aside as time frame provided to assessee was too short to respond to Show Cause Notice…
Income Tax
Burden is on assessee to prove no wilful intention not to file Income Tax Returns: Madra HC
Burden is on assessee to prove no wilful intention not to file Income Tax Returns: Madra HC All taxpayers…
Shares Transactions & the Dilemma of Business Income vs. Capital Gain
Shares Transactions & the Dilemma of Business Income vs. Capital Gain Two persons with the same income can have different…
Withholding of IGST by department on the ground of pending investigation: Bombay HC directed department to refund it expeditiously
Withholding of IGST by department on the ground of pending investigation: Bombay HC directed department to refund it expeditiously There…
Unaccounted income of Rs. 200 Cr found during Income Tax Raids in Punjab: Bogus Intra group Transactions, Use of employee’s account for receiving fund, etc
Unaccounted income of Rs. 200 Cr found during Income Tax Raids in Punjab: Bogus Intra group Transactions, Use of employee’s…
No rectification of error permissible in GST: All the Taxpayers has to be extra careful as Bharti Airtel’s Plea for refund of Rs.923 Crore rejected by Hon’ble Supreme Court
No rectification of error permissible in GST: All the Taxpayers has to be extra careful as Bharti Airtel’s Plea for…
No penalty for wife receiving cash from husband for purchase of family property:
No penalty for wife receiving cash from husband for purchase of family property: There is a rule in Income…
No incriminating materials found or seized at the time of search – No justification for the initiation of assessment proceedings U/s 153A: Orissa High Court
No incriminating materials found or seized at the time of search – No justification for the initiation of assessment proceedings…
How much gold you can own? By Balwant Jain
How much gold you can own? By Balwant Jain Author Balwant Jain Since Diwali is round the corner many…
Assessment order framed by AO without jurisdiction is void
Assessment order framed by AO without jurisdiction is void IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” (Virtual Court Hearing), BENCH…
No additional fees on filing of e-forms AOC-4/AOC-4 CFS/AOC-4 XBRL and MGT-7/MGT-7A for the FY 20-21 upto 31.12.2021
No additional fees on filing of e-forms AOC-4/AOC-4 CFS/AOC-4 XBRL and MGT-7/MGT-7A for the FY 20-21 upto 31.12.2021
Blocking electronic credit ledger under Rule 86A must precede with reason recorded in writing and such reasons would be open to challenge at appropriate forum.
Blocking electronic credit ledger under Rule 86A must precede with reason recorded in writing and such reasons would be open…
Interest on premature closure of the deposit in case of death of depositor before and after lock-in period
Interest on premature closure of the deposit in case of death of depositor before and after lock-in period Reserve Bank…
Scope of Form No. 26AS widened so as to include 8 additional information
Scope of Form No. 26AS widened so as to include 8 additional information The scope of Form NO. 26AS…
Unaccounted income of Rs. 200 Cr found during Income Tax Raids in Punjab: Bogus Intra group Transactions, Use of employee’s account for receiving fund, etc
Unaccounted income of Rs. 200 Cr found during Income Tax Raids in Punjab: Bogus Intra group Transactions, Use of employee’s…
FinMin against Indiscreet Show Cause Notice (SCNs) issued by Service Tax Authorities for mismatch in data of ITR & Service Tax Returns.
FinMin against Indiscreet Show Cause Notice (SCNs) issued by Service Tax Authorities for mismatch in data of ITR & Service…
Non Resident Indian: Taxation and Benefits
Non Resident Indian: Taxation and Benefits BENEFITS AVAILABLE TO NON- RESIDENTS 1. Scope of Total Income As per Section 5…
Sufficient time not given to respond to the Draft Assessment Order: Final assessment order Quashed by Bombay High Court
Sufficient time not given to respond to the Draft Assessment Order: Final assessment order Quashed by Bombay High Court Bombay…
