Gujarat High Court has passed strictures against the CGST authority for gross abuse of power
Gujarat High Court has passed strictures against the CGST authority for gross abuse of power Prakashsinh Hathisinh Udavat Vs State…
Income Tax
Difference in valuation of closing stock – No addition can be made as undisclosed stock
Difference in valuation of closing stock – No addition can be made as undisclosed stock ACIT Vs National Cable Industries…
5 Years of Rule for Tax Audit in section 44AD: CBDT need to clarify few issues
5 Years of Rule for Tax Audit in section 44AD: CBDT need to clarify few issues Law is not always…
If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on the same application
If one issue in the case of applicant is already decided by One AAR than Other AAR cannot decide on…
CIT(A) is not justified in enhancing the assessment by disallowing 100% of the bogus purchases, Only addition could be of profit element therein
CIT(A) is not justified in enhancing the assessment by disallowing 100% of the bogus purchases, Only addition could be of…
Tax Precaution: Transaction by which an undertaking is transferred against allotment of shares is an”exchange” and not a “sale
Tax Precaution: Transaction by which an undertaking is transferred against allotment of shares is an”exchange” and not a “sale आयकर अपीलीय अिधकरण,…
Whether HUF can invest in the name of its members to claim capital gain exemption u/s 54F or U/s 54?
Whether HUF can invest in the name of its members to claim capital gain exemption u/s 54F or U/s 54?…
If the company is controlled by an infamous accommodation entry provider, it is incumbent on the part of the authorities to carry out in-depth verification
If the company is controlled by an infamous accommodation entry provider, it is incumbent on the part of the authorities…
Whether Legal Heir can claim the benefit of capital gain exemption under section 54 or section 54F?
Whether Legal Heir can claim the benefit of capital gain exemption under section 54 or section 54F? Opinion: Benefit of…
Interesting case: HC sets aside National Anti Profiteering Authority (NAPA’s) order where all the members who had signed the order were not present for hearing
Interesting case: HC sets aside National Anti Profiteering Authority (NAPA’s) order where all the members who had signed the order…
Charitable trust registration under section 12AA & Scope of inquiry while granting registration
Charitable trust registration under section 12AA & Scope of inquiry while granting registration Short Overview : Where registration of the Trust…
Landmark Judgment on validity of addition under section 68 on the ground that in response to summons under section 131 shareholder companies had not appeared for personal deposition.
Landmark Judgment on validity of addition under section 68 on the ground that in response to summons under section 131…
Capital Gains & Computation of holding period, i.e., ‘date of allotment’ or “date of possession” – An Interesting Issue
Capital Gains & Computation of holding period, i.e., ‘date of allotment’ or “date of possession” – An Interesting Issue Short…
Does Inclusive Method of Accounting have any impact on Profits or not?
Does Inclusive Method of Accounting have any impact on Profits or not? Under the Income tax Act, 1961 assessee is…
No matter what, Purchases cannot be treated as Bogus if they are duly supported by bills and other evidences
No matter what, Purchases cannot be treated as Bogus if they are duly supported by bills and other evidences PCIT…
Reporting under the new format of Tax Audit Report in 3CD : An awesome publication by BCAS
Reporting under the new format of Tax Audit Report in 3CD : An awesome publication by BCAS 4_5870604068904241258
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on the basis if information received from Investigation Wing without giving an opportunity of cross examination to the Assessee
Landmark Judgement by Supreme Court of the Country : No addition can be sustained if it is done purely on…
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made available in the assessment proceedings itself
No Penalty for assessee’s failure to upload audit report electronically in Form No. 3CEB as the report was promptly made…
