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…
Income Tax
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…
Non Linking of PAN with Aadhar: Relaxation from demand if linked subsequently
Non Linking of PAN with Aadhar: Relaxation from demand if linked subsequently The CBDT With a view to…
All about Slump Sale:
All about Slump Sale: 1. What is slump sale? Slump sale also referred as business transfer is where the assessee…
CBDT again amends Form 3CD for 43B(h) Reporting
CBDT again amends Form 3CD for 43B(h) Reporting – Disclosure to be made in Clause 22 instead of…
Manual cash book reconciles with the books of accounts, income tax addition not sustainable: ITAT
Manual cash book reconciles with the books of accounts, income tax addition not sustainable: ITAT Bijender Singh Lohia (ITAs…
No Tax Relief for Person with Disabilities in the New Tax Regime
No Tax Relief for Person with Disabilities in the New Tax Regime Query 1] Is there any special provision…
Can GST liability be recovered from the former Director (who resigned) from the Company?
Can GST liability be recovered from the former Director (who resigned) from the Company? The Bombay HC HELD…
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