• Income Tax

TDS deductors given relief for non deduction of TDS at higher rate for inoperative PANs

2 years ago

TDS/TCS deductors given relief for non deduction of TDS at higher rate for inoperative PANs CBDT has issued Circular No.…

  • Income Tax

Reassessment order quashed due to error in personal hearing video conferencing link

2 years ago

Reassessment order quashed as assessee could not join the link of personal hearing through video conferencing due to technical failure…

  • Income Tax

Assessee may show that it was over assessed under erroneous impression of law

2 years ago

It is open to assessee to show that it was over assessed under erroneous impression of law even if it…

  • Income Tax

Education Cess cannot be allowed as an expenditure in view of later amendment – SC

2 years ago

Education Cess cannot be allowed as an expenditure in view of the subsequent amendments in the Income Tax Act, 1961…

  • Income Tax

Cash deposit cannot be shifted from live person to a deceased just because he was joint holder

2 years ago

Cash deposit in bank account cannot be shifted from a live person to a deceased assessee just because he was…

  • Income Tax

Interest on compensation u/s 28 of Land Acquisition Act, 1894 is taxable – ITAT

2 years ago

Interest on compensation u/s 28 of Land Acquisition Act, 1894 is taxable income u/s u/s 56(2)(viii) rws 57(iv) of the…

  • GST

GST Registration cancellation order passed without application of mind quashed

2 years ago

GST Registration cancellation order passed without application of mind quashed by High Court In a recent judgment, the Hon'ble Allahabad…

  • Income Tax

Site expenses not accounted in books in expense ledger added as unexplained expenditure

2 years ago

ITAT partly confirms addition of site expenses as unexplained expenditure for being not accounted for in the books of accounts…

  • bankruptcy

Special Court presided by a Sessions /Addl. Sessions Judge have jurisdiction under IBC 2016

2 years ago

Special Court presided by a Sessions Judge or an Additional Sessions Judge will have jurisdiction to try the complaint under…

  • Income Tax

Revenue should not take the benefit of the mistake committed by the assessee

2 years ago

Revenue not to take benefit of mistake committed by assessee. Gift wrongly executed through sale deed can not be taxed…