• Income Tax

Late fee on TDS payments and GST interest is allowable expenditure u/s 37

2 years ago

Late fee on TDS payments and payment of interest on GST is allowable expenditure u/s 37 of the Income Tax…

  • Income Tax

High Court denies bail to Muzaffarnagar Income Tax staff involved in tax refund scam

2 years ago

High Court denies bail to the Income Tax staff involved in Muzaffarnagar tax refund scam  In a recent judgment, the…

  • Income Tax

Pr. CIT u/s 263 empowered to review orders passed by JCIT – High Court

2 years ago

Pr. CIT u/s 263 empowered to review orders passed by JCIT as Section 263 is inclusive one  In a recent…

  • Income Tax

Deduction u/s 54F despite owning more than two house made order erroneous & prejudicial

2 years ago

Deduction u/s 54F despite assessee owning more than two house properties made order erroneous and prejudicial - ITAT In a…

  • GST

Merely describing a claim unacceptable or false without affording reasons is unjustified

2 years ago

Merely describing a claim unacceptable or false without affording reasons unacceptable In a recent judgment, the Hon'ble Allahabad High Court…

  • GST

E-Way Bill 2 Portal to be launched on 1st June 2024

2 years ago

Launch of E-Way Bill 2 Portal on 1st June 2024   GSTN has informed inform that NIC is releasing the…

  • Income Tax

AO obliged to consider belated response filed on e-portal before passing final order

2 years ago

AO obliged to consider the response filed by assessee on e-filing portal though belatedly, before passing the final order –…

  • Income Tax

Cash deposit in bank of HUF can not be added to income of individual assessee

2 years ago

Cash deposit in bank account belonging to HUF can not be added to the income of individual assessee - ITAT …

  • GST

Three months period for filing GST appeal starts from day after order is communicated 

2 years ago

In calculating three-month limitation period for filing GST appeal, starting point is day following the date of communication of order.…

  • Income Tax

No under reporting of income as tax paid u/s 115JB was more than normal tax – ITAT

2 years ago

There is no under reporting of income when tax paid u/s 115JB is more than normal tax - ITAT  In…