Late 10B

Recent Posts

• Delay in procedural compliance (filing Form 67) does not amount to misreporting under Section 270A(9)
• Can the Income Tax Department use electronic evidence in assessments or appeals without a Section 65B certificate of the Indian Evidence Act ?
• Notice u/s 148 served on the old email-id of the Assessee or wrong address is invalid
• Section 65B of the Indian Evidence Act, 1872 does not apply to assessment proceedings under the Income Tax Act, 1961.
• Stock in trade cannot be subject matter of addition u/s 56(2)(viia) as it is outside the meaning of the word ‘property’ as provided in clause (vii) : Mumbai ITAT 
• CIT(A) is duty bound to follow his predecessors order on similar issue decided in another case: Mumbai ITAT
• PMLA accused has a right to get copies of material not even relied on by ED: SC
• No addition on ESI PF issue permissible under section 143(1) prior to Checkmate Judgement: Chhattisgarh HC
• Once the business receipts are accepted, no separate addition under Section 68 survives: ITAT Mumbai.
• Notice issued without complying with the CBDT instruction specifying the format for such notices is invalid