Section 194R

Recent Posts

• An overview of latest Amendment in Tax Audit Report in Form No. 3CD
• Whether the Assessing Officer can enquire into those issues which were beyond the scope of limited scrutiny?
• No Immunity from addition under Section 68 even if taxpayers opts for presumptive scheme of taxation under section 44AD
• Whether ITC can be denied for incorrect GSTIN mentioned on the Invoice/GST Portal due to inadvertent error by supplier?
• No direct evidence linked assessee to bogus LTCG: Nagpur ITAT deleted addition
• Bombay HC Imposes Interest on Income Tax Officer for Refund Delay
• No separate bank account for private placement of funds – ROC imposed penalty of Rs. 30 Lakh.
• “Words May Deny, Actions Condone” – Hyderabad ITAT Remands Rental Income Addition for Reassessment
• Re-opening o on “borrowed satisfaction” without fresh material or a live link to the taxpayer’s transactions is nothing but a “fishing inquiry.” – Supreme Court Dismisses Department’s Appeal
• Representation Regarding Delay in Release of ITR Utilities for AY 2025–26 – Request for Timely Accessibility and Compliance Facilitation