The jurisdiction of a High Court is not dependent on the location of the ITAT as one Bench of may exercises jurisdiction over other states.
The jurisdiction of a High Court is not dependent on the location of the ITAT as one Bench of may…
Income Tax
NEW TAX REGIME: NO TAX ON INCOME OF RS. 7 LAKH* [* Terms & Condition Apply]
NEW TAX REGIME: NO TAX ON INCOME OF RS. 7 LAKH* [* Terms & Condition Apply] Every individual with income…
Mode & Way to form HUF
Mode & Way to form HUF How to form HUF is one of the most common question by the…
Validity of assessment framed u/s 143(3) vis a vis issuance of notice U/s 143(2) by non- jurisdictional ITO
Validity of assessment framed u/s 143(3) vis a vis issuance of notice U/s 143(2) by non- jurisdictional ITO Here…
Addition of Rs.344.55 Cr during assessment proceeding with less than 72 Hours to reply to SCN: Assessment quashed by Bombay HC for de-novo consideration by AO.
Addition of Rs.344.55 Cr during assessment proceeding with less than 72 Hours to reply to SCN: Assessment quashed by Bombay…
Hon’ble SC upheld strict adherence to the Time Limit for Refunds
Hon’ble SC upheld strict adherence to the Time Limit for Refunds Recently Hon’ble Supreme Court enunciated the following principles…
Filing of Form MSME- 1
Filing of Form MSME- 1 As per section 405(1) of the Companies Act, 2013 and as per para 3 of…
Notional interest income cannot be taxable under the real income principle: Mumbai ITAT
Notional interest income cannot be taxable under the real income principle: Mumbai ITAT ACIT verses Kesar Terminals and Infrastructure…
Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad
Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad …
Whether weekends can be counted for the purpose of period for which notice is given?
Whether weekends can be counted for the purpose of period for which notice is given? The Bombay high court…
Whether proceedings can be continued against the legal representatives in case of default committed by a deceased?
Whether proceedings can be continued against the legal representatives in case of default committed by a deceased? The issue before Nagpur ITAT was in…
Whether an assessment of a Non-Resident Indian (NRI) can be reopened when all investments were made from an NRE account and the NR has failed to file its return of income
Whether an assessment of a Non-Resident Indian (NRI) can be reopened when all investments were made from an NRE account…
Penalty of Rs. 16.09 lakhs for not reporting dues of 18.58 Lakh in MSME – I
Penalty of Rs. 16.09 lakhs for not reporting dues of 18.58 Lakh in MSME – I According to the provisions of the…
Additions cannot be made based on profit assumptions: Punjab & Haryana HC
Additions cannot be made based on profit assumptions: Punjab & Haryana HC M/s Shree Digvijaya Woollen Mills Ltd., Amristar…
Non Linking of PAN with Aadhar & TDS demand: CBDT Relaxation till 31st May 2024
Non Linking of PAN with Aadhar & TDS demand: CBDT Relaxation till 31st May 2024 Query 1] I have purchased…
Extension of due data for filing of Form No. 10A/10AB under the Income-Tax Act, 1961
Extension of due data for filing of Form No. 10A/10AB under the Income-Tax Act, 1961 The copy of the…
Mere providing identity of the investors without proving the creditworthiness and genuineness would result into addition U/S 68: Calcutta HC
Mere providing identity of the investors without proving the creditworthiness and genuineness would result into addition U/S 68: Calcutta HC…
WhatsApp images, piece of paper, without corroborative evidences , cannot be the basis of additions: ITAT Surat
WhatsApp images, piece of paper, without corroborative evidences , cannot be the basis of additions: ITAT Surat ACIT…
