• Income Tax

Income tax demand to be enforced qua the assets, left behind by deceased assessee – ITAT

2 years ago

Income tax demand will be enforced qua the assets, if any, left behind by the deceased assessee - ITAT In…

  • Income Tax

Revision u/s 263 upheld as cash deposited in bank of investors of share application money

2 years ago

Revision order u/s 263 upheld as substantial amount of cash was deposited in the bank accounts of all the investors…

  • Empanelment

ITD (Bihar & Jharkhand) invites empanelment of Cost Accountants u/s 142(2A) FY 2024-2026.

2 years ago

ITD (Bihar & Jharkhand), invites empanelment of Cost Accountants u/s 142(2A) for FY 2024-2026. The Income Tax Department (Bihar &…

  • Income Tax

No additions u/s 68 for unexplained cash credits, unless all three limbs proved/established – ITAT

2 years ago

To make additions u/s 68 for unexplained cash credits, all three limbs must be proved/established In a recent judgment, ITAT…

  • Income Tax

Kachha Arthia not entitled to credit for TDS wrongly deducted against his PAN

2 years ago

Kachha Arthia not entitled to credit for TDS wrongly deducted against his PAN In a recent judgment, ITAT has held…

  • Income Tax

Changes in ITR form V and Acknowledgement for A.Y 2024 25 as per Finance Act 2023

2 years ago

Changes in ITR form V and Acknowledgement for A.Y 2024 25 as per Finance Act 2023 CBDT has amended ITR…

  • GST

HC grants bail as arrest order only stated assessee was master mind of fake GST ITC racket

2 years ago

High Court grants bail as order of arrest only stated assessee as master mind of the fake GST ITC racket…

  • Income Tax

Disallowance u/s 40A(3) for bearer cheque Payments. CBDT 1977 Circular not applicable

2 years ago

Disallowance u/s 40A(3) for bearer cheque Payments. CBDT 1977 Circular relied upon by assessee does not exits with amendment to…

  • Income Tax

ITAT remands assessment order passed ex-parte as assessee was illiterate housewife and widow

2 years ago

The ITAT remands the assessment order passed ex-parte as the assessee was illiterate housewife and widow and did what husband…

  • Income Tax

No automatic release of seized assets u/s 132B If no order is passed within 120 days – High Court

2 years ago

Section 132B of Income Tax Act 1961 does not stipulate that if no order is passed within 120 days, seized…