Income TaxFurnishing Documents in Invoice Furnishing Facility (IFF) under QRMP Scheme: An Overview5 years agoFurnishing Documents in Invoice Furnishing Facility (IFF) under QRMP Scheme: An Overview Overview What is Invoice Furnishing Facility…
Income TaxTrade discount given by assessee dealing with its vendors on P2P basis couldn’t be treated as commission5 years agoTrade discount given by assessee dealing with its vendors on P2P basis couldn’t be treated as commission Dempo Industries…
Income TaxNew Section 148A demonstrates an intent ‘to destroy’ the old procedure: Delhi HC5 years agoNew Section 148A demonstrates an intent ‘to destroy’ the old procedure: Delhi HC SG Corporation Joint Venture Vs ITO…
Income TaxHC modifies condition of bail order & allow submission of security for disputed amount of ITC availed5 years agoHC modifies condition of bail order & allow submission of security for disputed amount of ITC availed Amit Kumar…
Income TaxCIT has power to revise any orders including Sec 143(1):5 years agoCIT has power to revise any orders including Sec 143(1): Aafreen Fatima Fazal Abbas Sayed v. ACIT AND PCIT…
Income TaxHow the assets are distributed at the time of partition of HUF?5 years agoHow the assets are distributed at the time of partition of HUF? 1. On a full partition of the…
Income TaxNo assessing authority can refuse to assess the tax fairly and legally, merely because the tax payer was not participating in the proceeding5 years agoNo assessing authority can refuse to assess the tax fairly and legally, merely because the tax payer was not participating…
Income TaxLLP For Startups: An Overview by CA Sweta Makwana5 years agoLLP For Startups: An Overview by CA Sweta Makwana Author CA. Sweta Makwana www.caswetamakwana.com A lot of Stratus…
Income TaxThe Tribunal should not decide questions of law piecemeal necessitating repeated references to High Court: Supreme Court5 years agoThe Tribunal should not decide questions of law piecemeal necessitating repeated references to High Court: Supreme Court Hon’ble Supreme…
Income TaxNo disallowance of provisions made by assessee in previous as well as subsequent assessment years: No disallowance can be done in the current year5 years agoNo disallowance of provisions made by assessee in previous as well as subsequent assessment years: No disallowance can be done…
Income TaxAn overview of 9 important Amendment by Limited Liability Partnership (LLP) Amendment Bill, 20215 years agoAn overview of 9 important Amendment by Limited Liability Partnership (LLP) Amendment Bill, 2021 Following is a short compilation…
Income TaxAn irregular availment of ITC to the tune of Rs. 120.58 crore detected by DGGI Bhubaneshwar Zonal Unit5 years agoAn irregular availment of ITC to the tune of Rs. 120.58 crore detected by DGGI Bhubaneshwar Zonal Unit …
Income TaxNo attachment on Mother’s property for recovery of Son’s Demand:5 years agoNo attachment on Mother’s property for recovery of Son’s Demand: In Nirupaben Manilal Thakkar Vs State of Gujarat, Gujarat…
Income TaxAll about withdrawal From Composition Levy5 years agoAll about withdrawal From Composition Levy What is meant by Compulsory Withdrawal from Composition Levy? A taxpayer can opt…
Income TaxMoney which may become expenditure on the happening of an event is not expenditure and hence not eligible for deduction: Supreme Court5 years agoMoney which may become expenditure on the happening of an event is not expenditure and hence not eligible for deduction:…
Income TaxUtilization of Electronic Cash and Input Tax Credit (ITC) Ledger5 years agoUtilization of Electronic Cash and Input Tax Credit (ITC) Ledger 1. I was trying to make payment of the…
Income TaxRefund cannot be withheld U/S 241A without a reasoned order: Calcutta HC5 years agoRefund cannot be withheld U/S 241A without a reasoned order: Calcutta HC MCNALLY BHARAT ENGINEERING COMPANY LIMITED AND ANR.…
Income TaxBogus Donation Received : Trust registration u/12AA & 80G cancelled5 years agoBogus Donation Received : Trust registration u/12AA & 80G cancelled The registration of Trust u/s 12A is liable to…