How is the Income Tax Act regulating business practices to ensure timely Payments to MSME?
How is the Income Tax Act regulating business practices to ensure timely Payments to MSME? MSME are growth engines…
Income Tax
CBIC attempts to put a curb on unnecessary litigations
CBIC attempts to put a curb on unnecessary litigations There are various instances wherein the unnecessary litigation is carried…
Income from sale outside India not taxable
Income from sale outside India not taxable The copy of the order is as under: 1707371999-ITA NO. 2401…
Madras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons
Madras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons In a recent landmark judgment,…
When Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income?
When Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income? When…
Whether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ?
Whether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ? …
Whether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?
Whether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?…
Receipt from sale of software as an end user is not taxable as Royalty: ITAT
Receipt from sale of software as an end user is not taxable as Royalty: ITAT ACIT,Circle-2(2),International Taxation, New Delhi…
No interest or penalty is leviable on wrong availment of ITC which was never utilised
No interest or penalty is leviable on wrong availment of ITC which was never utilised The Punjab and Haryana High…
If the case is selected for “limited scrutiny” no further enquiry can be made by the Commissioner in the revisional proceedings U/s 263 that is no way directly or indirectly connected with any of the aforesaid “limited scrutiny”: ITAT Surat
If the case is selected for “limited scrutiny” no further enquiry can be made by the Commissioner in the revisional…
Section 148 notice was void ab initio if no prima facie satisfaction recorded
Section 148 notice was void ab initio if no prima facie satisfaction recorded Case Name : AEP Investments (Mauritius)…
Revisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai ITAT
Revisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai…
Sale of Property by NRI & Income Tax Implication
Sale of Property by NRI & Income Tax Implication Query 1] I am an NRI & since last…
Kerala Garment Association decision to stop purchases from Micro & Small Enterprises
Kerala Garment Association decision to stop purchases from Micro & Small Enterprises Letter to suppliers signed_240210_133427 (1)
No GST Leviable On Lease Of Buses To Public Transport Department
No GST Leviable On Lease Of Buses To Public Transport Department The Andhra Pradesh Appellate Authority of Advance Ruling…
ITAT case on salary earned by the non resident outside India
ITAT case on salary earned by the non resident outside India Devi Dayal vs DCIT, 2024, Delhi ITAT (ITA…
Order quashing ITC claim without considering relevant documents is liable to be set aside.
Order quashing ITC claim without considering relevant documents is liable to be set aside. A recent ruling from the…
ITR From: 12 Changes in ITR – 6 for AY 2024-25
ITR From: 12 Changes in ITR – 6 for AY 2024-25 CBDT has notified Income-tax Return Form 6…
