Extension of due date of Form GSTR-3B in selected districts of Tamil Nadu
Extension of due date of Form GSTR-3B in selected districts of Tamil Nadu The due date of filing of monthly…
Income Tax
Capital Gain exemption if the amount is not deposited in Capital Gain Account Scheme
Capital Gain exemption if the amount is not deposited in Capital Gain Account Scheme Investing the amount for…
𝐈𝐧𝐜𝐨𝐦𝐞 𝐨𝐟𝐟𝐞𝐫𝐞𝐝 𝐭𝐨 𝐭𝐚𝐱 𝐬𝐮𝐫𝐫𝐞𝐧𝐝𝐞𝐫𝐞𝐝 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐬𝐞𝐢𝐳𝐮𝐫𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐞𝐱𝐩𝐥𝐚𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐨𝐮𝐫𝐜𝐞 𝐨𝐟 𝐢𝐧𝐜𝐨𝐦𝐞 𝐜𝐚𝐧𝐧𝐨𝐭 𝐛𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐫𝐚𝐭�� 𝐨𝐟 𝐭𝐚𝐱 𝐮𝐧𝐝𝐞𝐫 𝐬𝐞𝐜𝐭𝐢𝐨𝐧 115𝐁𝐁𝐄 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐜𝐨𝐦𝐞-𝐭𝐚𝐱 𝐀𝐜𝐭
𝐈𝐧𝐜𝐨𝐦𝐞 𝐨𝐟𝐟𝐞𝐫𝐞𝐝 𝐭𝐨 𝐭𝐚𝐱 𝐬𝐮𝐫𝐫𝐞𝐧𝐝𝐞𝐫𝐞𝐝 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐬𝐞𝐢𝐳𝐮𝐫𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐛𝐲 𝐞𝐱𝐩𝐥𝐚𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐨𝐮𝐫𝐜𝐞 𝐨𝐟 𝐢𝐧𝐜𝐨𝐦𝐞 𝐜𝐚𝐧𝐧𝐨𝐭 𝐛𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐫𝐚𝐭�� 𝐨𝐟 𝐭𝐚𝐱 𝐮𝐧𝐝𝐞𝐫 𝐬𝐞𝐜𝐭𝐢𝐨𝐧 115𝐁𝐁𝐄 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐜𝐨𝐦𝐞-𝐭𝐚𝐱 𝐀𝐜𝐭 In the case of DCIT, Ghaziabad v/s Tapesh Tyagi [ITA No. 1344 / Del / 2021], Delhi Tribunal…
ITR 1 to 4S for the AY 2024-25 Notified by CBDT
ITR 1 to 4S for the AY 2024-25 Notified by CBDT The copy of the order is as under:…
Non-Registration of Gift Deed can’t be considered to be Sham Transaction as Assessee was in Full Possession of Property Sold by a Registered Sale Deed.
Non-Registration of Gift Deed can’t be considered to be Sham Transaction as Assessee was in Full Possession of Property Sold…
Will the taxpayer be entitled to refund under Inverted Duty Structure when tax on input erroneously charged by the Supplier at a higher rate and the buyer charged it at actual lower rate?
Will the taxpayer be entitled to refund under Inverted Duty Structure when tax on input erroneously charged by the Supplier…
If no Books of accounts, Section 69A Of Income Tax Act cannot be invoked: Delhi High Court
If no Books of accounts, Section 69A Of Income Tax Act cannot be invoked: Delhi High Court CIT Versus Hersh…
Merely because capital gains were not deposited in the capital gains account scheme, exemption U/S 54 cannot be denied, if other conditions are fulfilled: ITAT Delhi
Merely because capital gains were not deposited in the capital gains account scheme, exemption U/S 54 cannot be denied, if…
Nominee of shares would only be a trustee and cannot claim absolute ownership right
Nominee of shares would only be a trustee and cannot claim absolute ownership right Here is an interesting case wherein…
Purchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of Suncraft Energy Pvt. Ltd dismissed by the Supreme Court
Purchasers ITC cannot be denied just because suppliers have not paid the tax – SLP filed in the case of…
Whether the nominee of shares has absolute rights or his rights are subject to laws of succession?
Whether the nominee of shares has absolute rights or his rights are subject to laws of succession? Here is an…
31st December 2023: File the Return or Revise the Return
31st December 2023: File the Return or Revise the Return Though March is important from a business and taxation perspective, December…
Change of Shareholding : Sec 79 is not applicable to unabsorbed depreciation and capital losses
Change of Shareholding : Sec 79 is not applicable to unabsorbed depreciation and capital losses M/S BURDA DRUCK INDIA PVT.…
Allow to revise bonafide error in GSTR -1 : Bombay HC
Allow to revise bonafide error in GSTR -1 : Bombay HC The copy of the order is as under:…
No retrospective effect of the Benami Law: Bombay HC
No retrospective effect of the Benami Law: Bombay HC M/s. Armstrong Infrastructure Private Limited and Others Vs State of…
Bombay HC upholds the validity of the amendments made to the Finance Act 2015
Bombay HC upholds the validity of the amendments made to the Finance Act 2015 Serum Institute of India Pvt. Ltd.…
Absence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing any evidence
Absence of reply from the creditors do not entitle the Assessing Officer to treat the creditors as bogus without bringing…
Expiry of the E-way Bill – Whether authenticity of transaction can be disputed?
Expiry of the E-way Bill – Whether authenticity of transaction can be disputed? There are often the delay in delivery…
