ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of Registration
ITC Will Be Available For the Period from The Date of Cancellation of Registration to The Date of Restoration of…
Income Tax
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA)
CBDT notifies Rs. 25,00,000 for leave encashment exemption under Section 10(10AA) Notification No. 31/2023/F. No. 200/3/2023-ITA-I, dated 24.05.2023…
Mere use of software by the distributor is not royalty: ITAT Bangalore
Mere use of software by the distributor is not royalty: ITAT Bangalore Deputy Commissioner of Income Tax vs. M/s.…
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities.
Karnataka HC quashed SCN of Rs. 21,000 crores issued to Gameskraft’s online gaming activities. This case argued by who’s…
Rs. 2,000/- Notes Demonetization: FAQs by the RBI
Rs. 2,000/- Notes Demonetization: FAQs by the RBI Why are the Rs 2,000 denomination banknotes being withdrawn? The…
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/-
Demonetisation of Rs. 2000/- How it is different from earlier demonetisation Rs. 500/- & Rs. 1,000/- However, it may…
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under E-Verification Scheme, 2021 Income…
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants.
Rule 11UA amended by CBDT for angel tax on funds raised from non-residants. The CBDT has issued Press Release proposing…
Mere non-construction of property cannot be a ground to deny benefit u/s 54F : ITAT
Mere non-construction of property cannot be a ground to deny benefit u/s 54F : ITAT The case citation is…
Fine of Rs. 1 Lakh on Assessee for ‘Misconceived’ & ‘Mischievous’ submission in Reassessment writ petition
Fine of Rs. 1 Lakh on Assessee for ‘Misconceived’ & ‘Mischievous’ submission in Reassessment writ petition Madras High Court imposes…
Not everything said by a Judge when giving judgment that constitutes a precedent: Supreme Court
Not everything said by a Judge when giving judgment that constitutes a precedent: Supreme Court In his inimitable words, Hon’ble…
Capital Gain Exemption if the amount is used for Repayment of Housing Loan
Capital Gain Exemption if the amount is used for Repayment of Housing Loan Query 1] In the earlier issue of…
AO cannot reject the income estimated by the assessee by following the profit margin method, without first rejecting the books of accounts: ITAT Ahmedabad
AO cannot reject the income estimated by the assessee by following the profit margin method, without first rejecting the books…
Calcutta High Court set aside the order 148A(d) and 147 order and restored the matter in the stage of 148A(b)
Calcutta High Court set aside the order 148A(d) and 147 order and restored the matter in the stage of 148A(b)…
ITAT Jaipur bench deleted addition on account of cash deposited during demonetization out of cash sale
ITAT Jaipur bench deleted addition on account of cash deposited during demonetization out of cash sale ITAT Jaipur…
CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application
CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application This module will enable the officers…
E invoice limit reduced from 10 Crs to 5 Crs. w.e.f. 1st August 2023.
E invoice limit reduced from 10 Crs to 5 Crs. w.e.f. 1st August 2023. The copy of the order…
Department is not authorised to retain the amount paid by the petitioner without issuance of SCN even after 2 years have passed
Department is not authorised to retain the amount paid by the petitioner without issuance of SCN even after 2 years…
