PMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC
PMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC ACIT (Central Circle-13) v. State…
Income Tax
Interest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai
Interest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai Samsara Shipping Pvt. Ltd. v. ITO (ITA No.:…
Vivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition
Vivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition Ameeta Paramanand…
Over 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert
Over 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert The copy of the order…
JAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC!
JAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC! Just when we thought the debate on Jurisdictional Assessing…
KVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax
KVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax [Query 1] I…
Grammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat
Grammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat Just when we thought the debate on…
Books Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases
Books Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases One…
Mumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural Justice
Mumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural…
Whether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded?
Whether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded? Addition under Section 68…
Furnishing an Audit Report with the return is a procedural provision: Gujarat HC
Furnishing an Audit Report with the return is a procedural provision: Gujarat HC Hon’ble High Court condones delay of…
ROC Vijayawada penalized auditor for failing to qualify or comments or give opinion in the audit report
ROC Vijayawada penalized auditor for failing to qualify or comments or give opinion in the audit report Recently, an…
If AO didn’t dispute purchase, only the profit element of alleged non-genuine purchases can be brought to tax.
If AO didn’t dispute purchase, only the profit element of alleged non-genuine purchases can be brought to tax. When the…
A Comma That Changed the Law: Gujarat HC’s Sharp Turn in the JAO–FAO Controversy
A Comma That Changed the Law: Gujarat HC’s Sharp Turn in the JAO–FAO Controversy Just when we thought the…
Deduction u/s 80IAC – Whether Delay in Filing Form 10CCB is Fatal?
Deduction u/s 80IAC – Whether Delay in Filing Form 10CCB is Fatal? ITAT Delhi was concerned with an issue…
Release of seized jewellery and Application under Section 132B of the Income Tax Act, 1961
Release of seized jewellery and Application under Section 132B of the Income Tax Act, 1961 Getting jewellery released after…
Issuance of notice U/s 143(2) prior to supply of recorded reasons U/s 147 is fatal & may vitiate entire reassessment
Issuance of notice U/s 143(2) prior to supply of recorded reasons U/s 147 is fatal & may vitiate entire reassessment…
SC Dismisses SLP on profit estimation vs. full disallowance in bogus purchases matter
SC Dismisses SLP on profit estimation vs. full disallowance in bogus purchases matter The long-debated issue has been whether…
