Income TaxITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide1 month agoITR-U: The Expensive Saviour After 31st December – A Complete Legal & Practical Guide For most taxpayers, 31st December…
Income TaxAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return1 month agoAIS / TIS Mismatch: Why the Income Tax Department Is Nudging You to Revise or Update Your Return If…
Income TaxPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC1 month agoPMLA Prevails Over Income-tax Recovery Where Funds Are Alleged Proceeds of Crime: Delhi HC ACIT (Central Circle-13) v. State…
Income TaxInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai1 month agoInterest u/s 220(2) Cannot Be Charged Without an Enforceable Demand: ITAT Mumbai Samsara Shipping Pvt. Ltd. v. ITO (ITA No.:…
Income TaxVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition1 month agoVivad Se Vishwas Not Concluded? Appeal Must Be Heard on Merits — ITAT Mumbai Deletes Demonetisation Cash Addition Ameeta Paramanand…
Income TaxOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert2 months agoOver 15 lakh ITRs revised, ₹2,500 crore extra tax paid amid CBDT scrutiny alert The copy of the order…
Income TaxJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC!2 months agoJAO Vs. FAO Controversy: Gujarat HC Diverges from Bombay HC! Just when we thought the debate on Jurisdictional Assessing…
Income TaxKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax2 months agoKVP Maturity Shock: Why AIS Shows Huge Interest and Why You May Not Owe Extra Tax [Query 1] I…
Income TaxGrammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat2 months agoGrammar Meets Tax Law: The Comma That Saved JAO Notices in Gujarat Just when we thought the debate on…
Income TaxBooks Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases2 months agoBooks Rejected, Sales Recorded, Section 68 Invoked? ITAT Mumbai Draws a Clear Line in Demonetisation Cash Deposit Cases One…
Income TaxMumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural Justice2 months agoMumbai ITAT Strikes Down Section 68 Additions Based Solely on Entry Operator Statement: A Strong Reaffirmation of Law and Natural…
Income TaxWhether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded?2 months agoWhether addition under section 68 permissible when Books Are Rejected and Cash Sales Duly Recorded? Addition under Section 68…
Income TaxFurnishing an Audit Report with the return is a procedural provision: Gujarat HC2 months agoFurnishing an Audit Report with the return is a procedural provision: Gujarat HC Hon’ble High Court condones delay of…
Income TaxROC Vijayawada penalized auditor for failing to qualify or comments or give opinion in the audit report2 months agoROC Vijayawada penalized auditor for failing to qualify or comments or give opinion in the audit report Recently, an…
Income TaxIf AO didn’t dispute purchase, only the profit element of alleged non-genuine purchases can be brought to tax.2 months agoIf AO didn’t dispute purchase, only the profit element of alleged non-genuine purchases can be brought to tax. When the…
Income TaxA Comma That Changed the Law: Gujarat HC’s Sharp Turn in the JAO–FAO Controversy2 months agoA Comma That Changed the Law: Gujarat HC’s Sharp Turn in the JAO–FAO Controversy Just when we thought the…
Income TaxDeduction u/s 80IAC – Whether Delay in Filing Form 10CCB is Fatal?2 months agoDeduction u/s 80IAC – Whether Delay in Filing Form 10CCB is Fatal? ITAT Delhi was concerned with an issue…
Income TaxRelease of seized jewellery and Application under Section 132B of the Income Tax Act, 19612 months agoRelease of seized jewellery and Application under Section 132B of the Income Tax Act, 1961 Getting jewellery released after…