Income TaxMadras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons2 years agoMadras HC Directs Unblocking of ITC under Rule 86A for Lack of Written Reasons In a recent landmark judgment,…
Income TaxWhen Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income?2 years agoWhen Purchases Have Been Sold and Sales Have Been Accepted, Whether the Corresponding/Same Purchases Can be Added to Income? When…
Income TaxWhether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ?2 years agoWhether order u/s 148A(d) can travel beyond the grounds noted in Notice u/s 148A(b) of the Income-tax Act,1961 ? …
Income TaxWhether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?2 years agoWhether revisionary power can be exercised in case the assessment proceeding was undertaken only for the purpose of limited scrutiny?…
Income TaxReceipt from sale of software as an end user is not taxable as Royalty: ITAT2 years agoReceipt from sale of software as an end user is not taxable as Royalty: ITAT ACIT,Circle-2(2),International Taxation, New Delhi…
Income TaxNo interest or penalty is leviable on wrong availment of ITC which was never utilised2 years agoNo interest or penalty is leviable on wrong availment of ITC which was never utilised The Punjab and Haryana High…
Income TaxIf 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 Surat2 years agoIf the case is selected for “limited scrutiny” no further enquiry can be made by the Commissioner in the revisional…
Income TaxSection 148 notice was void ab initio if no prima facie satisfaction recorded2 years agoSection 148 notice was void ab initio if no prima facie satisfaction recorded Case Name : AEP Investments (Mauritius)…
Income TaxRevisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai ITAT2 years agoRevisionary Powers U/S 263 Can’t Be Exercised For Directing Fuller Inquiry Once Plausible View Taken By AO After Inquiry: Mumbai…
Income TaxSale of Property by NRI & Income Tax Implication2 years agoSale of Property by NRI & Income Tax Implication Query 1] I am an NRI & since last…
Income TaxIT JudgementKerala Garment Association decision to stop purchases from Micro & Small Enterprises2 years agoKerala Garment Association decision to stop purchases from Micro & Small Enterprises Letter to suppliers signed_240210_133427 (1)
GSTIncome TaxNo GST Leviable On Lease Of Buses To Public Transport Department2 years agoNo GST Leviable On Lease Of Buses To Public Transport Department The Andhra Pradesh Appellate Authority of Advance Ruling…
Income TaxITAT case on salary earned by the non resident outside India2 years agoITAT case on salary earned by the non resident outside India Devi Dayal vs DCIT, 2024, Delhi ITAT (ITA…
Income TaxOrder quashing ITC claim without considering relevant documents is liable to be set aside.2 years agoOrder quashing ITC claim without considering relevant documents is liable to be set aside. A recent ruling from the…
Income TaxITR From: 12 Changes in ITR – 6 for AY 2024-252 years agoITR From: 12 Changes in ITR – 6 for AY 2024-25 CBDT has notified Income-tax Return Form 6…
Income TaxInput Tax Credit (ITC) on Flight Tickets2 years agoInput Tax Credit (ITC) on Flight Tickets The Goods and Services Tax, or GST for short, is an important…
Income TaxLiberal interpretation should be made on what constitutes ‘genuine hardship’ for condoning delay in filing ITR: Bombay HC2 years agoLiberal interpretation should be made on what constitutes ‘genuine hardship’ for condoning delay in filing ITR: Bombay HC Facts:…
Income TaxAttached property needs to be released, in case PMLA probe exceeds 365 days with no proceedings: Delhi HC2 years agoAttached property needs to be released, in case PMLA probe exceeds 365 days with no proceedings: Delhi HC …