Reassessment proceedings could not be held invalid merely on the reasoning that there was no addition made by AO on account of freight expenses of Bogus Purchase

Recent Posts

• Union Budget – 2024: Rationalisation of Tax Deducted at Source rates
• GST proceedings cannot initiate against a non-existent Company: Karnataka HC
• Abolition of Angel Tax in the Budget:
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• Top 100 Highlights of Budget 2024 by Nirmala Sitharaman
• Key Budget Highlights: India Fiscal Year 2025
• Finance (No.2) Bill, 2024 & changes related to GST Law
• Goods cannot be detained for non-generation of e-invoice if there was no intention to evade tax payment: Allahabad HC
• Income Tax Proposal in Union Budget – 2024
• Overview of Direct Tax Proposal in Union Budget – 2024