• Income Tax

CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT

1 year ago

CIT revision order on the issue of Reduction in profit due to ICDS-V quashed by ITAT In a recent judgment,…

  • Income Tax

Plausible view taken by AO on surrender made not open to revision u/s 263 – ITAT

1 year ago

Plausible view taken by AO on surrender made by assessee not open to revision u/s 263 of the Income Tax…

  • Income Tax

Notice can not be issued u/s 148 unless original return filed u/s 139(1) is processed – ITAT

1 year ago

Notice can not be issued u/s 148 unless original return filed u/s 139(1) is processed - ITAT In a recent…

  • Income Tax

Change of opinion not jurisdictional issue-Writ Petition against notice u/s 148 dismissed

1 year ago

Change of opinion not a jurisdictional issue-Writ Petition against notice u/s 148 was dismissed by the High Court due to…

  • negotiable instrument act

Cheque bouncing accused acquitted as amount given was not shown in Income Tax Returns

1 year ago

Cheque bounce accused acquitted as complainant did not show amount given as loan in his income tax return. In a…

  • Income Tax

Income Tax Relief available to Cooperative Societies – Statement by Minister of Cooperation

1 year ago

Income Tax Relief to Cooperative Societies. Minister of Cooperation in a written reply to a question in the Lok Sabha…

  • Income Tax

No Penalty u/s 271E on repayment of loan by journal entries of sale bills – ITAT

1 year ago

No Penalty u/s 271E on repayment of loan by journal entries of sale bills - ITAT In a recent judgment,…

  • GST

Commencement date of amended provisions related to Input Service Distributor & penalty u/s 122A

1 year ago

Commencement date notified for amended provisions related to distribution of credit by Input Service Distributor and penalty u/s 122A GOVERNMENT…

  • Income Tax

Capital Gain Indexation Relief – Option proposed for properties acquired before 23/07/2024

1 year ago

Capital Gain Indexation Relief - Option of indexation on sale of properties to be incorporated in Finance Bill 2024 Government…

  • Income Tax

Reopening on incorrect reasons recorded that assessee not filed ITR quashed by ITAT

1 year ago

Reopening on incorrect reasons recorded that assessee not filed return of income quashed by ITAT In a recent judgment, ITAT…