TPO cannot decide whether expenses incurred by assessee were necessary or not for business: ITAT
TPO cannot decide whether expenses incurred by assessee were necessary or not for business: ITAT DCIT v. Rabo India Finance…
Income Tax
Fresh claim before Appellate Authority is admissible even same wasn’t claimed in ITR: Karnataka HC
Fresh claim before Appellate Authority is admissible even same wasn’t claimed in ITR: Karnataka HC PCIT v. Karnataka State Co-operative…
Taxation of partnership firm under section 9B and section 45(4) of the Income-tax Act, 1961: Applicability with Examples
Taxation of partnership firm under section 9B and section 45(4) of the Income-tax Act, 1961: Applicability with Examples …
Disproportionate Assets Case: CBI Registers a Case against ITAT – Accountant Member
Disproportionate Assets Case: CBI Registers a Case against ITAT – Accountant Member CENTRAL BUREAU OF INVESTIGATION CBI Registers a…
If Statutory procedure prescribed for communicating Show Cause Notice (SCN ) is not followed, it tantamount to Violation of principles of Natural Justice : Assessee’s appeal allowed
If Statutory procedure prescribed for communicating Show Cause Notice (SCN ) is not followed, it tantamount to Violation of principles…
Notices U/S 148 are inconsistent with Law and creating unnecessary confusion and harassment for taxpayers: DTPA appealed to recall notices issued
Notices U/S 148 are inconsistent with Law and creating unnecessary confusion and harassment for taxpayers: DTPA appealed to recall notices…
Validity of detention of goods alongwith vehicle if there is a difference in value in e-way bill and original delivery challan
Validity of detention of goods alongwith vehicle if there is a difference in value in e-way bill and original delivery…
Guidelines for taxation of partnership firms on its reconstitution in respect of the provisions of section 9B and section 45(4): A Short overview
Guidelines for taxation of partnership firms on its reconstitution in respect of the provisions of section 9B and section 45(4):…
Relaxation in electronic filing of Income Tax Forms 15CA/15CB
Relaxation in electronic filing of Income Tax Forms 15CA/15CB Ministry of Finance CBDT grants further relaxation in electronic filing of…
Madras HC allows petitioner’s request to rectify clerical error in Form TRAN-1
Madras HC allows petitioner’s request to rectify clerical error in Form TRAN-1 Carlstahl Craftsman Enterprises (P.) Ltd. v. Union of…
Interest issue: Validity of detention if two e-way bills for transportation wherein on e-way bill expired
Interest issue: Validity of detention if two e-way bills for transportation wherein on e-way bill expired The issue before Tripura High…
No deduction towards PMS fees as it was not permissible in the computation mechanism provided in section 48
No deduction towards PMS fees as it was not permissible in the computation mechanism provided in section 48 …
Interest as per saving bank account rate on FDR after its maturity
Interest as per saving bank account rate on FDR after its maturity RBI Circular : RBI has clarified that if…
ITR-4: Guide to File Income Tax Return
ITR-4: Guide to File Income Tax Return Let us know all about ITR – 4. Who is eligible to…
Filing Income Tax Return in ITR – 1: A complete Guide
Filing Income Tax Return in ITR – 1: A complete Guide Overview The pre-filling and filing of ITR-1 service is available to…
Step by step guide to Register on the e-Filing Portal by the Tax Deductor and Collector
Step by step guide to Register on the e-Filing Portal by the Tax Deductor and Collector Step-by-Step Guide Step 1: Go…
TDS on Purchase of Goods: Confusion & Clarification
TDS on Purchase of Goods: Confusion & Clarification The net of Tax Deduction at Source (TDS) has widened…
“Corporate Compliance Calendar for the M/o July, 2021”
“Corporate Compliance Calendar for the M/o July, 2021” This article contains various Compliance requirements for the Month of…
