AO Can’t Sit on the armchair of Assessee to replace his business strategy by his own whims and fancies: ITAT
AO Can’t Sit on the armchair of Assessee to replace his business strategy by his own whims and fancies: ITAT…
Income Tax
Capital Gain exemption not claimed in the original ITR: Can it be claimed in the ITR filed in response to Notice U/s 148?
Capital Gain exemption not claimed in the original ITR: Can it be claimed in the ITR filed in response to…
I.T. Department. failed to Prove Sundry Creditors to Be Bogus: ITAT Deletes Addition Against Buffalo Meat Trader
I.T. Department. failed to Prove Sundry Creditors to Be Bogus: ITAT Deletes Addition Against Buffalo Meat Trader 1684987485968
ITAT disallows 25% of the bogus purchase amount in the case where sales are genuine:
ITAT disallows 25% of the bogus purchase amount in the case where sales are genuine: Sumer Chand Jain (ITA…
Form 67 is not mandatory condition for claiming Foreign Tax Credit : ITAT
Form 67 is not mandatory condition for claiming Foreign Tax Credit : ITAT ITAT, Jaipur Bench has held…
Reassement quashes by delhi high court as it is done by deviating from prior view without any cogent reasoning
Reassement quashes by delhi high court as it is done by deviating from prior view without any cogent reasoning …
Revision in limits for Condonation of delay in filing applications for refund or set off of losses:
Revision in limits for Condonation of delay in filing applications for refund or set off of losses: The CBDT has…
Statutory and Tax Compliance Calendar for June 2023
Statutory and Tax Compliance Calendar for June 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth GST Revenue May 2023 (6)
GST Intelligence raid: Tax evasion of over Rs 1000 crores detected at jewellery stores in Kerala: More action likely in other parts of the country
GST Intelligence raid: Tax evasion of over Rs 1000 crores detected at jewellery stores in Kerala: More action likely in…
Form 10AB got rejected, can apply for the condonation till 30.09.23: CBDT
Form 10AB got rejected, can apply for the condonation till 30.09.23: CBDT CBDT has given a Big Relief…
No discrepancies in the audited books of accounts – Bogus purchase addition deleted by Delhi ITAT
No discrepancies in the audited books of accounts – Bogus purchase addition deleted by Delhi ITAT The addition of bogus…
Exemption u/s 54EC is available in respect of investment made within six calendar months after the date of transfer not within 180 days: ITAT
Exemption u/s 54EC is available in respect of investment made within six calendar months after the date of transfer not…
Condonation of dealy in filling refund claim and claim of carry forward of lossess under section 1196(2)(b) of the Income-tax Act, 1961.
Condonation of dealy in filling refund claim and claim of carry forward of lossess under section 1196(2)(b) of the Income-tax…
Assessment oder passed without DIN quashed by ITAT
Assessment oder passed without DIN quashed by ITAT Asstt Order without DIN quashed - (1)
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the Income-tax Act 1961 has been issued it Amount to gross violation of principles of natural justice
If the Assessing Officer has not furnished the relevant documents based on which the show-cause notice u/s. 148A(b) of the…
CGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards
CGST issues Standard Operating ProcedureCGST issues Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards for Scrutiny of…
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery
ITAT deletes LTCG on notionally calculated fictitious sale of jewellery Ballabh Prasad Aggarwal (ITA No. 2351/Del/2019) Facts: A…
