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…
Income Tax
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…
WhatsApp Image cannot be sole ground to make additions.
WhatsApp Image cannot be sole ground to make additions. In a recent case, the Surat Tribunal has made a…
Penalties should not be Imposed solely for technical errors lacking any intent to evade tax
Penalties should not be Imposed solely for technical errors lacking any intent to evade tax Facts: Rawal Wasia…
Penalty proceedings cannot be initiated after the resolution plan is approved: Delhi HC
Penalty proceedings cannot be initiated after the resolution plan is approved: Delhi HC M Tech Developers Pvt. Ltd.…
Cash sales during demonetisation already reported as sales, cannot be taxed twice as unexplained credit: ITAT Delhi
Cash sales during demonetisation already reported as sales, cannot be taxed twice as unexplained credit: ITAT Delhi Harisons Diamonds…
Weekends & Holidays are to be reduced while taking into account the time given for compliance: Bombay High Court
Weekends & Holidays are to be reduced while taking into account the time given for compliance: Bombay High Court …
Assessment order passed in the name of deceased person quashed by High Court
Assessment order passed in the name of deceased person quashed by High Court The Hon’ble Single Judge in this…
Where there is variation in the quantum of income under approval and in draft order, such order u/s148(d) and consequential notice u/s 148 is liable to be quashed.
Where there is variation in the quantum of income under approval and in draft order, such order u/s148(d) and consequential…
All about Form 10AB in the context of Charitable Trusts:
All about Form 10AB in the context of Charitable Trusts: 1. Introduction: Every trust/charitable society/ NGO that wishes to…
