• Income Tax

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

2 years 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

2 years 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

2 years 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

2 years 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

2 years 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

2 years ago

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

  • Income Tax

Genuineness of payment cannot be doubted merely for no VAT registration of vendor

2 years ago

Merely for the reason of no VAT registration of the vendor, the genuineness of payment cannot be doubted – ITAT…

  • Income Tax

Re-assessment upheld despite no addition was made as per reasons recorded

2 years ago

Re-assessment order upheld despite where no addition was made for reasons on the basis of which the reassessment was initiated.…

  • GST

Even if no response filed to GST notices, order passed must comply with Section 75(6)

2 years ago

Even if no response is filed to notices u/s 61 and 73 of GST Act, it is incumbent on the…

  • Income Tax

CBDT notifies 10 Year Zero Coupon Bond of Power Finance Corporation Ltd

2 years ago

CBDT notifies 10 Year Zero Coupon Bond of Power Finance Corporation Ltd. Clause (48) of section 2 of the Income-tax…