AGFTC and ITBA requests Finance Minister to reduce penalty u/s 73(9) of the CGST Act 2017 All Gujarat Federation of…
Non-payment cannot be a ground for disallowing the claim of sub-contract expenses - ITAT In a recent judgment, the ITAT…
Under peak theory, only peak cash deposit to be taxed instead of entire cash deposit in bank account - ITAT…
Merely because no addition is made, assessment cannot be held as erroneous or prejudicial - ITAT In a recent judgment,…
Penalty confirmed for filing revised return claiming bogus deductions under Chapter VIA with the intention of claiming illegal refund. In…
A consistent view taken by AO can’t be held erroneous and prejudicial to interest of revenue - ITAT In a…
CIT(A) have no power to dismiss appeal for non-prosecution In a recent judgment, the ITAT Panji has held that CIT(A)…
If no addition made in reassessment proceedings on issues as per reasons recorded, AO should drop proceedings instead of passing…
Notice u/s 148A(b) issued by non-jurisdictional AO bad in law – ITAT quashed order u/s 148A(d) In a recent judgment,…
Area of agricultural land would still as agricultural land despite expansion of the municipal limit - ITAT In a recent…