Income TaxSec 68 addition limited to only current year cash credit: ITAT Mumbai2 years agoSec 68 addition limited to only current year cash credit: ITAT Mumbai DCIT Vs B. Braun Medical India Pvt…
Income TaxA short overview of the key provision of the New Income Tax Bill 2025:2 years agoA short overview of the key provision of the New Income Tax Bill 2025: The New Income Tax Bill –…
Income TaxNew Income Tax Bill 2025 Released with 536 section & 16 Schedule2 years agoNew Income Tax Bill 2025 Released with 536 section & 16 Schedule NEW INCOMETAX BILL, 2025 536 sections 16…
Income TaxBudget: Amendment in carry forward of losses-2 years agoBudget: Amendment in carry forward of losses- 1. Sec 72: Section 72 of the Income Tax Act provides that…
Income Tax87A Rebate: A Loophole or a Logic-defying Legislation? 2 years ago87A Rebate: A Loophole or a Logic-defying Legislation? The Indian tax system never ceases to surprise. Just when you…
Income TaxLand aggregator acting as a broker is not liable under Section 269SS as he does not receive the amount in his own right: ITAT Chennai2 years agoLand aggregator acting as a broker is not liable under Section 269SS as he does not receive the amount in…
Income TaxITAT don’t have power to review its order – Judgement delivered prior to Checkmate Services Pvt. Ltd would continue2 years agoITAT don’t have power to review its order – Judgement delivered prior to Checkmate Services Pvt. Ltd would continue In a significant…
Income TaxAdjustments u/s 143(1) cannot be made on debatable issues without proper verification: Delhi ITAT2 years agoAdjustments u/s 143(1) cannot be made on debatable issues without proper verification: Delhi ITAT Here is an important analysis…
Income TaxFaceless Assessment Scheme – CBI registered case against CA & Officers for Violation2 years agoFaceless Assessment Scheme – CBI registered case against CA & Officers for Violation CBI has registered a case against…
Income Taxओ शेयर मार्केट के शॉर्ट टर्म कैपिटल गैन……. एक भावनात्मक कहानी शॉर्ट टर्म कैपिटल गैन की…2 years agoओ शेयर मार्केट के शॉर्ट टर्म कैपिटल गैन……. एक भावनात्मक कहानी शॉर्ट टर्म कैपिटल गैन की… टैक्स के मामले…
Income TaxNo Penalty under Section 271D on Broker for Handling Cash Transactions: ITAT Chennai2 years agoNo Penalty under Section 271D on Broker for Handling Cash Transactions: ITAT Chennai ITAT Chennai recently has held that no…
Income TaxNo Disallowance under section 43B of Income tax on account of GST payable r.w.s. 143(1) intimation: Delhi ITAT2 years agoNo Disallowance under section 43B of Income tax on account of GST payable r.w.s. 143(1) intimation: Delhi ITAT Here…
Income TaxITAT invalidates Section 263 Revision against Limited Scrutiny Jurisdiction2 years agoITAT invalidates Section 263 Revision against Limited Scrutiny Jurisdiction Recently, ITAT has invalidated section 263 Revision against Limited Scrutiny…
Income TaxIf two views are possible and one of the views is taken by the AO then the CIT cannot exercise revisionary power under Section 2632 years agoIf two views are possible and one of the views is taken by the AO then the CIT cannot exercise…
Income TaxNo Reasons, No Valid Order: Bombay High Court Quashes Reassessment for Procedural Lapses2 years agoNo Reasons, No Valid Order: Bombay High Court Quashes Reassessment for Procedural Lapses The Bombay High Court, in Jayant Avinash…
Income TaxInterest on enhanced compensation for the acquisition of agricultural land under section 28 of the Land Acquisition Act, 1894 is not exempt under section 10(37): Delhi ITAT2 years agoInterest on enhanced compensation for the acquisition of agricultural land under section 28 of the Land Acquisition Act, 1894 is…
Income TaxNon-appearance of suppliers or their inability to respond to notices under Section 133(6) does not make the purchases non-genuine2 years agoNon-appearance of suppliers or their inability to respond to notices under Section 133(6) does not make the purchases non-genuine …
Income TaxBudget proposals in relation to Transfer Pricing Provisions:2 years agoBudget proposals in relation to Transfer Pricing Provisions: 1. Introduction: a. It has been noted that in reference under…