Date Extension for ITR & Tax Audit Report Filing : An Excellent Representation
Date Extension for ITR & Tax Audit Report Filing : An Excellent Representation Well elaborated representation for extension of due date…
Income Tax
Validity of Agreed addition & Later retraction in appellate proceedings
Validity of Agreed addition & Later retraction in appellate proceedings Short Overview : Though, there is no legal bar on challenging…
The fact of deposit of cash of Rs.14.00 lacs and not filing of return of income by assessee, itself constituted a tangible material to form the belief that income assessable to tax had escaped assessment.
The fact of deposit of cash of Rs.14.00 lacs and not filing of return of income by assessee, itself constituted…
Taxation in Transfer of property under family settlement considering the fact that the word ‘natural love and affection’ have not been specified in section 56(2)(viib).
Taxation in Transfer of property under family settlement considering the fact that the word ‘natural love and affection’ have not…
Validity of Reassessment if issue is not examined in original assessment : No recourse available to revenue to have a second innings
Validity of Reassessment if issue is not examined in original assessment : No recourse available to revenue to have a…
Interesting Issue : Admissibility in Appeal if no claim was made in the return of income
Interesting Issue : Admissibility in Appeal if no claim was made in the return of income Appeal [CIT (A)]–Additional…
Income Tax Department conducts search in Ahmedabad
Income Tax Department conducts search in Ahmedabad Government of India Department of Revenue Ministry of Finance Central Board of Direct…
TCS at the time of Receipt or Invoicing: Confusion & Clarifications
TCS at the time of Receipt or Invoicing: Confusion & Clarifications Law implemented without considering the administrative convenience to the…
No ITC available of GST paid on lift installation charges paid to lift contractor by society
No ITC available of GST paid on lift installation charges paid to lift contractor by society Appellate Authority for…
Reopening for re-assessment: Observation by Bombay HC
Reopening for re-assessment: Observation by Bombay HC Section 147 says that if the assessing officer has reason to believe that…
Trust engaged in management of liquid and solid wastes in Industrial area is eligible for exemption under Section 11
Trust engaged in management of liquid and solid wastes in Industrial area is eligible for exemption under Section 11 CIT…
Society constituted to promote handloom sector by organising exhibitions eligible for Sec. 11 exemption: ITAT
Society constituted to promote handloom sector by organising exhibitions eligible for Sec. 11 exemption: ITAT ITO v. Association of Corporation…
Notice from ICAI to member CA for joining BNI.
Notice from ICAI to member CA for joining BNI. BNI joining may tantamount to seeking business through open network…
Payment made towards sub-contracting of work & Business disallowance under section 40A(2)(b) on the ground of being excessive or unreasonable
Payment made towards sub-contracting of work & Business disallowance under section 40A(2)(b) on the ground of being excessive or unreasonable…
Notice issued at a wrong address cannot be said to be a valid service of notice & assessment made on basis of such invalid notice deserved to be set aside.
Notice issued at a wrong address cannot be said to be a valid service of notice & assessment made on…
Transfer of property under family settlement considering the fact that the word ‘natural love and affection’ have not been specified in section 56(2)(viib).
Transfer of property under family settlement considering the fact that the word ‘natural love and affection’ have not been specified…
Validity of Addition under section 69 if Cash is deposited in assessee’s bank account out of the Sale of property of the father
Validity of Addition under section 69 if Cash is deposited in assessee’s bank account out of the Sale of property…
No GST on the Membership subscription & fees spent towards meeting & admn. expenses
No GST on the Membership subscription & fees spent towards meeting & admn. expenses AAAR, Maharashtra in the case of Rotary…
