• GST

Mere non payment of GST liability apparent in DRC-01 not justified invoking Section 74

1 year ago

Mere non payment of GST liability apparent in DRC-01 would not justify invoking provisions of Section 74 of the Act…

  • Income Tax

Opening/existing FDRs if free from lien, qualifies as accumulation of income u/s 11

1 year ago

Opening balance or existing Fixed Deposits if free from lien qualifies as accumulation of income under section 11(2) of the…

  • Income Tax

Without establishment sale transaction as LTCG, assessee not entitled for deduction u/s 54F

1 year ago

Without establishment sale transaction as long term capital gain, assessee is not entitled for deduction u/s 54F of the Act…

  • SEBI

Government appoints Shri Tuhin Kanta Pandey, IAS as Chairman, SEBI for three years.

1 year ago

Government appoints Shri Tuhin Kanta Pandey, IAS as Chairman, Securities and Exchange Board of India, for three years. MINISTRY OF…

  • Income Tax

Order u/s 148A(d) quashed as SCN was issued to the email address of demised director

1 year ago

Order u/s 148A(d) quashed as show cause notice u/s 148A(b) was issued to the email address of demised director after…

  • GST

GST arrest provisions legal, Courts have power to grant anticipatory bail – Supreme Court

1 year ago

Constitutional validity of GST arrest provisions upheld by Supreme Court together with power of courts to grant anticipatory bail  In…

  • Income Tax

Adjustment u/s 50C cannot be applied at the stage of processing of return u/s 143(1)

1 year ago

Adjustment under Section 50C of the Act is not possible in processing of return under section 143(1) of the Income…

  • GST

Action already taken u/s 73 of CGST Act 2017 no ground to restrain audit u/s 65 – HC

1 year ago

Action already taken u/s 73 of CGST Act, 2017 no ground to restrain Department from conducting audit under section 65…

  • SEBI

Opening of Demat Account in the name of Association of Persons

1 year ago

SEBI permits opening of Demat Account in the name of Association of Persons. SEBI in view of the representations to…

  • Income Tax

Revision u/s 263 becasue AO did not analyze records in a particular manner, bad in law

1 year ago

No Revision u/s 263 can be done on the ground that documents/material not looked into and analyzed by AO not…