Loans repaid in the subsequent assessment years – No addition u/s 68 can be made: ITAT Gauhati
Loans repaid in the subsequent assessment years – No addition u/s 68 can be made: ITAT Gauhati ITAT Gauhati…
Income Tax
Section 269SS Not Attracted to One-Time Cash Sale Consideration: ITAT Chandigarh Clarifies the Law
Section 269SS Not Attracted to One-Time Cash Sale Consideration: ITAT Chandigarh Clarifies the Law The rigours of section 269SS…
Tax Refund Delays: Not Always CPC’s Fault, Not Always Yours Either
Tax Refund Delays: Not Always CPC’s Fault, Not Always Yours Either Every year, between August and March, Indian taxpayers…
ITC Denial to Bona Fide Purchaser Solely Due to Retrospective Cancellation of Seller’s GST Registration – Supreme Court Issues Notice
ITC Denial to Bona Fide Purchaser Solely Due to Retrospective Cancellation of Seller’s GST Registration – Supreme Court Issues Notice…
All orders in ‘E-Proceedings’ must be signed digitally: Manually signed Assessment Order held invalid by ITAT
All orders in ‘E-Proceedings’ must be signed digitally: Manually signed Assessment Order held invalid by ITAT The assessee challenged…
Rs. 5.37 Crore Refund Stuck for 8 Years: HC Reprimands Tax Dept. for Its Callous and Negligent Attitude
Rs. 5.37 Crore Refund Stuck for 8 Years: HC Reprimands Tax Dept. for Its Callous and Negligent Attitude Microsoft…
CBDT chief urges tax officials to prepare for transition to new Income Tax Act
CBDT chief urges tax officials to prepare for transition to new Income Tax Act 1. Central Board of Direct…
Third-Party Chats, No Cash, No Admission: Section 69A Addition based on WhatsApp chats Struck Down
Third-Party Chats, No Cash, No Admission: Section 69A Addition based on WhatsApp chats Struck Down DCIT v. Niru Dhiren…
Recovery of tax demand from an employee is not permissible if TDS was done by the employer but not deposited with the Government.
Recovery of tax demand from an employee is not permissible if TDS was done by the employer but not deposited…
TDS credit cannot be denied merely due to technical mismatches
TDS credit cannot be denied merely due to technical mismatches – Here is an important Mumbai ITAT ruling for…
Joint Development Agreements Under Scanner: Common Tax Mistakes Landowners Are Making
Joint Development Agreements Under Scanner: Common Tax Mistakes Landowners Are Making Joint Development Agreements (JDAs) have come under increased…
NEW TAX REGIME ALLOWED DESPITE INADVERTENT SELECTION OF OLD REGIME
NEW TAX REGIME ALLOWED DESPITE INADVERTENT SELECTION OF OLD REGIME Here is one judgement wherein CIT(A) has allowed the…
Partners can offer income for taxation under section 44AD or 44ADA? – A landmark order by ITAT Delhi
Partners can offer income for taxation under section 44AD or 44ADA? – A landmark order by ITAT Delhi In…
Interest on the income-tax refund received was eligible for deduction under Section 80IA: ITAT
Interest on the income-tax refund received was eligible for deduction under Section 80IA: ITAT Recently, an ITAT has held that…
Condonation granted for a period of 14 years in filing appeal for AY 2010-11
Condonation granted for a period of 14 years in filing appeal for AY 2010-11 Delay Condonation Approach adopted in…
Gujrat HC finally takes a view on condonation of delay in GST appeals
Gujrat HC finally takes a view on condonation of delay in GST appeals Under GST law, Section 107 prescribes…
Presence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule
Presence of Religious Objects Not a Bar to Section 80G Approval: ITAT Clarifies the 5% Rule A recurring controversy…
PF INTEREST AFTER RESIGNATION: FACT VS. FICTION
PF Interest After Resignation: Fact vs. Fiction For many employees, leaving a job brings a wave of paperwork and…
