Income TaxData Analytics used for recovering outstanding demands.2 years agoData Analytics used for recovering outstanding demands. Recovery is expected by the Government to be around at least 50,000…
Income TaxMadras High Court quashed GST Order Passed under S73(9) for difference in GSTR 1 and GSTR 3B for FY 2017-18, without opportunity of being heard under S75(4)2 years agoMadras High Court quashed GST Order Passed under S73(9) for difference in GSTR 1 and GSTR 3B for FY 2017-18,…
Income TaxIT JudgementAllahabad High court establishes a rule of no penalty for minor typo errors in e-way bills2 years agoAllahabad High court establishes a rule of no penalty for minor typo errors in e-way bills FACTUAL MATRIX: The…
Income TaxITC on CSR Expenses2 years agoITC on CSR Expenses Corporate Social Responsibility (CSR) implies a concept, whereby companies decide voluntarily to contribute to a…
Income TaxTaxation of Employee Stock Option Plan (ESOP)2 years agoTaxation of Employee Stock Option Plan (ESOP) The biggest assets of any organisation are its human resources. Retaining &…
Income TaxCan ITC be availed on purchase of spare parts for repair of motor vehicles ?2 years agoCan ITC be availed on purchase of spare parts for repair of motor vehicles ? Input tax credit(ITC) is taxes…
Income TaxDelhi HC condones delay in filing Form 10 :2 years agoDelhi HC condones delay in filing Form 10: BAR COUNCIL OF INDIA (W.P.(C) 4330/2019) Facts: The petitioner, through a writ…
Income TaxSec 269SS is not applicable where cash receipt on sale of flat is due to unavoidable circumstances: ITAT2 years agoSec 269SS is not applicable where cash receipt on sale of flat is due to unavoidable circumstances: ITAT Smt. Vijapurapu…
Income TaxRecent Amendment in Liberalized Remittance Scheme (LRS) of RBI2 years agoRecent Amendment in Liberalized Remittance Scheme (LRS) of RBI Recent Amendment in Liberalized Remittance Scheme (LRS) of RBI Under…
Income TaxCan ITC be availed on office furnishings & interior works ?2 years agoCan ITC be availed on office furnishings & interior works ? As per Section 17(5(c) blocks ITC only…
Income TaxIncome Tax Law while buying and selling the Property2 years agoIncome Tax Law while buying and selling the Property Most of the high valued transactions in general are the…
GSTIncome TaxCan ITC be availed on GST paid on premium for Life insurance policies of employees ?2 years agoCan ITC be availed on GST paid on premium for Life insurance policies of employees ? As per section…
Income TaxProper officer not allowed to direct customers of Taxpayer to stop further payments to taxpayer2 years agoProper officer not allowed to direct customers of Taxpayer to stop further payments to taxpayer There are cases…
Income TaxAO is not justified in making addition U/s 68 in respect of cash receipts converted into sales: ITAT Chennai2 years agoAO is not justified in making addition U/s 68 in respect of cash receipts converted into sales: ITAT Chennai …
Income Tax*GTA to file online declaration for FY 2024-25*2 years ago*GTA to file online declaration for FY 2024-25* -Opting Forward Charge in Annexure V -Reverting to RCM in…
Income TaxCA Be Careful: NFRA levies penalty of Rs.50 lakhs on CA for wrong certification of form 10D under IT Act 19612 years agoCA Be Careful: NFRA levies penalty of Rs.50 lakhs on CA for wrong certification of form 10D under IT Act 1961…
Income TaxNo violation of section 269SS if the amount exceeding Rs. 20,000/- is accepted at the time of sale Deed2 years agoNo violation of section 269SS if the amount exceeding Rs. 20,000/- is accepted at the time of sale Deed …
Income TaxNo Penalty u/s 271D for receiving cash for sale of immovable property if cash was duly deposited in Bank A/C: ITAT Visakhapatnam2 years agoNo Penalty u/s 271D for receiving cash for sale of immovable property if cash was duly deposited in Bank A/C:…