• Income Tax

CBDT issues clarification on Circular No. 01/2025 on application of PPT under India’s DTAAs

1 year ago

CBDT issues clarification on Circular No. 01/2025 On Application of PPT under India’s DTAAs CBDT has issued Circular No. 01/2025…

  • Income Tax

Penalty u/s 271(1)(b) for each default in not responding notices u/s 142(1) not justified

1 year ago

Levy of penalty u/s 271(1)(b) for each default in not responding to notices issued u/s 142(1) of the Act was…

  • Income Tax

Section 269SS not apply to cash refund of advance given for purchase of property

1 year ago

Refund of advance amount on cancellation of agreement for purchase of property does not partake the character of loan or…

  • Income Tax

Foreign Tax Credit cannot be denied for delay in filing Form-67 which is directory – ITAT

1 year ago

Foreign Tax Credit cannot be denied merely because there is a delay in filing Form-67 which is directory and not…

  • Income Tax

CPC adjustment u/s 143(1) allowed to be examined in scrutiny u/s 143(3)

1 year ago

ITAT allows issue of CPC adjustment made in intimation u/s 143(1) to be examined in proceedings u/s 143(3) In a…

  • Income Tax

Minimum 7 day’s time to reply to notice u/s 148A(b) was not required in search cases

1 year ago

Minimum 7 days time to furnish reply to notice u/s 148A(b) was not required in cases covered by search -…

  • Income Tax

Assessee/Non Tax payer not expected to view Portal now and then or keep the portal open

1 year ago

Assessee or a non-tax payer, cannot be expected to view the Portal now and then or keep the portal open…

  • Income Tax

Capital received in earlier year can not be taxed as unexplained cash credit in later Year

1 year ago

Amount of share capital received in earlier year can not be taxed as unexplained cash credit in subsequent Year -…

  • GST

Plea raised, good, bad or indifferent, was required to be dealt with by GST authority

1 year ago

Plea raised in response to the GST show cause notice, whether good, bad or indifferent, was required to be dealt…

  • Income Tax

No denial of deduction u/s 80IA(4) because assessee himself not conceived development

1 year ago

Assessee cannot be declined deduction u/s 80IA(4) merely on the ground that the assessee was not a developer but was…