Income TaxIT JudgementAllahabad High Court Criticizes GST Officials for Violating Principles of Natural Justice2 years agoAllahabad High Court Criticizes GST Officials for Violating Principles of Natural Justice In the matter of Ns Agro and…
Income TaxIT JudgementNo penalty U/s 271DA for violation of section 269ST as the violation was by young company floated by first time entrepreneur without intent to evade tax: ITAT Delhi2 years agoNo penalty U/s 271DA for violation of section 269ST as the violation was by young company floated by first time…
Income TaxIT JudgementHeavy costs and disciplinary proceedings on GST Officers for not providing opportunity of personal hearing to taxpayers by Allahabad HC2 years agoHeavy costs and disciplinary proceedings on GST Officers for not providing opportunity of personal hearing to taxpayers by Allahabad HC…
Income TaxCircular No. 193/2023 for mismatch of ITC for 3B and 2A – 01.04.2019 to 31.12.20212 years agoCircular No. 193/2023 for mismatch of ITC for 3B and 2A – 01.04.2019 to 31.12.2021 The copy of the…
Income TaxReassesssment proceedings under section 147 are to quashed as Notice under section 148 was issued by non-jurisdictional officer: Adv.Swati Talwar2 years agoReassesssment proceedings under section 147 are to quashed as Notice under section 148 was issued by non-jurisdictional officer: Adv.Swati Talwar…
Income TaxITC Not allowed on Supply Received from Non-existent Firm2 years agoITC Not allowed on Supply Received from Non-existent Firm The Allahabad High Court has held that the authorities are…
Income TaxAddition cannot be made under Section 68, merely for non-response from directors to notices: Calcutta HC2 years agoAddition cannot be made under Section 68, merely for non-response from directors to notices: Calcutta HC PCIT Vs Atlantic…
GSTIncome TaxTDSTaxmann’s Income Tax Compliance Calendar for F.Y. 2024-252 years agoTaxmann’s Income Tax Compliance Calendar for F.Y. 2024-25 The copy of the order is as under: Taxmann's Income…
Income TaxStatement of Financial Transactions (SFT): Don’t forget to file before May 31st, 20242 years agoStatement of Financial Transactions (SFT): Don’t forget to file before May 31st, 2024 Delay in filing SFT may…
Income TaxAll about Sec 119(2)(b) application for condonation of delay2 years agoAll about Sec 119(2)(b) application for condonation of delay 1. Section 119 empowers the Central Board of Taxes (CBDT)…
Income TaxNew Tax Regime: Senior Citizens at par with others2 years agoNew Tax Regime: Senior Citizens at par with others [Query 1] Sr. citizens are always in dilemma whether to…
Income TaxIT JudgementSec 54 deduction is available when new residential property is purchased in spouse’s name: ITAT Mumbai2 years agoSec 54 deduction is available when new residential property is purchased in spouse’s name: ITAT Mumbai Gopalkrishna Pandu Shetty…
Income TaxRevenue is misinterpreting the Scheme, perhaps to cover its deficiency of not following the Scheme for issuing notice under Section 148 by JAO & not by FAO: Bombay HC2 years agoRevenue is misinterpreting the Scheme, perhaps to cover its deficiency of not following the Scheme for issuing notice under Section…
Income TaxSection 44AD would not operate to curtail the scope of income as defined under s. 2(24): ITAT Ahmedabad2 years agoSection 44AD would not operate to curtail the scope of income as defined under s. 2(24): ITAT Ahmedabad One of the…
Income TaxAddition cannot be made under Section 68, merely for non-response from directors to notices: Calcutta HC2 years agoAddition cannot be made under Section 68, merely for non-response from directors to notices: Calcutta HC PCIT Vs Atlantic…
Income TaxE-Assessment of Income Escaping Assessment Scheme, 2022 is clear and categorical that notice U/s 148 of the Act shall be issued through automated allocation and in a faceless manner & so Notice issued by JAO is invalid: Bombay HC2 years agoE-Assessment of Income Escaping Assessment Scheme, 2022 is clear and categorical that notice U/s 148 of the Act shall be…
Income TaxIn Faceless assessments, if the AO does not agree with the explanations provided by the assessee, an opportunity for personal hearing is mandatory: Allahabad HC2 years agoIn Faceless assessments, if the AO does not agree with the explanations provided by the assessee, an opportunity for personal…
Income TaxAll about Form No. 10BD & How to file it online2 years agoAll about Form No. 10BD & How to file it online The copy of the order is as under:…