Sec 44ADA is not applicable where income is not earned on account of professional consultancy
Sec 44ADA is not applicable where income is not earned on account of professional consultancy Facts: The taxpayer,…
Income Tax
Income Tax Department Issued FAQs for Filling Form 10B. pdf
Income Tax Department Issued FAQs for Filling Form 10B. pdf The copy of the order as under : …
If notice under section 148A(b) and order under Section 148A(d) are not issued in faceless manner under the faceless assessment scheme, then the same are without jurisdiction: Telangana High Court
If notice under section 148A(b) and order under Section 148A(d) are not issued in faceless manner under the faceless assessment…
The State Tax Officer cannot block ITC Ledger even when State has issued Notification to empower the authorities with the power for the same: Bombay HC
The State Tax Officer cannot block ITC Ledger even when State has issued Notification to empower the authorities with the…
If the taxpayer is able to prove that tax amount is paid to the seller and the ITC claim is bonafide, ITC cannot be denied merely on non-reflection in GSTR-2A: Kerala High Court
If the taxpayer is able to prove that tax amount is paid to the seller and the ITC claim is…
GSTN Advisory: Geocoding Functionality for the Additional Place of Business
GSTN Advisory: Geocoding Functionality for the Additional Place of Business Dear Taxpayers, 1.GSTN is pleased to inform that the…
Introducing Electronic Credit Reversal and Re-claimed statement on GSTN
Introducing Electronic Credit Reversal and Re-claimed statement on GSTN The Government has notified certain changes in Table 4…
First Date Extension of the season: ITR 7 and audit report submission date for Trust Extended by one Month
First Date Extension of the season: ITR 7 and audit report submission date for Trust Extended by one Month …
Supreme Court issued notice to all High Courts as to why hearing through Video Conferencing discontinued
Supreme Court issued notice to all High Courts as to why hearing through Video Conferencing discontinued Supreme Court issues…
Physical Gold, ETF & Sovereign Gold Bond: Investment & Taxation
Physical Gold, ETF & Sovereign Gold Bond: Investment & Taxation Where gold speaks every tongue is silent- Proverb Though…
Cash deposit during demonetization: Addition deleted as Assessee has submitted cash book, cash flow statement and cash book, which shows that assessee has sufficient opening cash balance at the beginning of 01.04.2016
Cash deposit during demonetization: Addition deleted as Assessee has submitted cash book, cash flow statement and cash book, which shows…
Cash deposits during the demonetization: If amount deposited is out of the sale proceeds, addition under section 68 of the Act that will amount to double taxation
Cash deposits during the demonetization: If amount deposited is out of the sale proceeds, addition under section 68 of the…
GSTN Advisory: Time limit for Reporting Invoices on the IRP Portal
GSTN Advisory: Time limit for Reporting Invoices on the IRP Portal is to inform you that it has been…
Bogus purchases: ITAT directed to restrict the addition to the GP Ratio
Bogus purchases: ITAT directed to restrict the addition to the GP Ratio Here is an interesting case on the…
Finally, 31 GST Appellate Tribunal Notified
Finally, 31 GST Appellate Tribunal Notified The copy of the is as under: 248743
Inadvertence on the part of the assessee to claim the credit for the advance tax in ITR does not absolve the AO from its statutory duty to grant the credit in the regular assessment,
Inadvertence on the part of the assessee to claim the credit for the advance tax in ITR does not absolve…
Rejection of entire books of account was not warranted, when the AO find fault in the valuation of stock only: ITAT Surat
Rejection of entire books of account was not warranted, when the AO find fault in the valuation of stock only:…
Standard Chartered Bank allowed deduction towards loss of Rs 1427 Crores on account of securities scam: ITAT Bombay
Standard Chartered Bank allowed deduction towards loss of Rs 1427 Crores on account of securities scam: ITAT Bombay Recently, Standard Chartered…
