Draft assessment order not provided before final Order: Calcutta HC set aside assessment
Draft assessment order not provided before final Order: Calcutta HC set aside assessment to the assessee for filing objections…
Income Tax
Notice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality: Allahabad HC
Notice Issued U/S 148A(B) Income Tax Act To Registered Email ID Of Assessee A Jurisdictional Requirement; Not An Empty Formality:…
Taxation of unexplained income or investment
Taxation of unexplained income or investment 1.Sec .68 of Income Tax Act– Cash Credits Where any sum is found…
Registered Vs. Unregistered MSME: Disallowance for delayed Payment
Registered Vs. Unregistered MSME: Disallowance for delayed Payment Query 1] If a person is a MSME registered enterprise and…
Expenses wholly incurred for transfer is allowable as a deduction while computing capital gains:
Expenses wholly incurred for transfer is allowable as a deduction while computing capital gains: Adil Rehman, Hyderabad (ITA No.…
Checklist for 31st March, 2024
Checklist for 31st March, 2024 1. Income Tax: (i) Make necessary investments eligible for deductions thereby reducing taxable…
Payment to MSMEs have to be made by 31st March to ensure Sec 43B(h) compliances:
Payment to MSMEs have to be made by 31st March to ensure Sec 43B(h) compliances: To claim a deduction…
20% Pre deposit is not a precondition for graining a stay on demand:
20% Pre deposit is not a precondition for graining a stay on demand: Observations of the Hon Delhi HC…
Tax Recovery Officer cannot declare the sale by assessee to third party void: Madras HC
Tax Recovery Officer cannot declare the sale by assessee to third party void: Madras HC K.N. Subramaniam Vs PCIT…
Tax Recovery Officer cannot declare the sale by assessee to third party void: Madras HC
Tax Recovery Officer cannot declare the sale by assessee to third party void: Madras HC K.N. Subramaniam Vs…
CBDT Circular U/s 268A of the Income-tax Act, 1961 for filing of appeals by the Department before ITAT, HC & SLP/Appeals before SC
CBDT Circular U/s 268A of the Income-tax Act, 1961 for filing of appeals by the Department before ITAT, HC &…
TDS exemption is available U/S 194C in case of a declaration, even when the transporter is not the owner : ITAT Jodhpur
TDS exemption is available U/S 194C in case of a declaration, even when the transporter is not the owner :…
Reopening Notice Issued U/s 148 Merits To Be Quashed If Barred By Limitation Period Prescribed U/s 149: Jharkhand High Court
Reopening Notice Issued U/s 148 Merits To Be Quashed If Barred By Limitation Period Prescribed U/s 149: Jharkhand High Court…
ITAT nullifies AO’s attempt to value property as per the DVO’s valuation:
ITAT nullifies AO’s attempt to value property as per the DVO’s valuation: Sri Arijit Chakraborty verses ITO Case Number:…
Physical presence in India is essential to constitute service PE, virtually providing services do not constitute a service PE: ITAT
Physical presence in India is essential to constitute service PE, virtually providing services do not constitute a service PE: ITAT…
Section 263 proceeding based on mere audit objections without independent assessment is invalid: ITAT Jaipur
Section 263 proceeding based on mere audit objections without independent assessment is invalid: ITAT Jaipur Pinkcity Jewelhouse Pvt. Ltd.…
No Relaxation or Extension of Rule providing for Timely Payments to MSME within 15 / 45 days
No Relaxation or Extension of Rule providing for Timely Payments to MSME within 15 / 45 days Query 1]…
Limitation Act applies for filing appeals under GST till its applicability is specifically
Limitation Act applies for filing appeals under GST till its applicability is specifically The applicability of the Limitation Act to…
