Recommendations of 53rd GST Council Meeting held on 22.06.2024. The GST Council inter alia made the recommendations relating to changes in…
Waiver of principal amount of loan from private bank cannot be treated as income - ITAT In a recent judgment,…
Notice u/s 148A(b) not signed physically or digitally is illegal, invalid and inoperative - High Court In a recent judgment,…
Assessment Order passed without giving copy of valuation report to assessee quashed by High Court In a recent judgment, High…
Benefits of Employees’ State Insurance (ESI) Act 1948 extended to seven districts of Uttarakhand w.e.f. 1st April 2024 EMPLOYEES' STATE…
CPC was not justified in ignoring the revised tax audit report furnished by the assessee correcting the mistake committed in…
No addition could be made only on the ground that there was time gap between the withdrawals and the corresponding…
Claim of expenditure involved is not a case of concealment of income. ITAT deleted penalty u/s 271(1)(c) In a recent…
Mere clubbing loan account with capital account can not be treated as unexplained income - ITAT In a recent judgment,…
Mere failure of creditor/ shareholder to appear no basis to make addition u/s 68 when assessee produced basic evidences -…