• Income Tax

In case of non-filer notice u/s 143(2) not mandatory & notice u/s 142(1) sufficient

2 years ago

In case of non-filer notice u/s 143(2) not mandatory and notice issued u/s 142(1) is sufficient – ITAT In a…

  • Income Tax

One PAN allotted to two taxpayers. Re-assessment of wrong person quashed by High Court

2 years ago

One PAN was allotted to two taxpayers resulting Re-assessment order of wrong person quashed by High Court In a recent…

  • High Courts

Fixing three successive dates of personal hearing in a single notice invalid – Allahabad HC

2 years ago

Fixing three successive dates of hearing in a single notice invalid as adjudicating authority had to pass specific orders for…

  • ICAI

ICAI set up branch in Tonk District Rajasthan with effect from April 25, 2024

2 years ago

ICAI set up branch in Tonk District (Rajasthan) with effect from April 25, 2024. The Institute of Chartered Accountants of…

  • Income Tax

Duty drawback cannot be a part of total turnover and is separately chargeable – ITAT

2 years ago

Duty drawback cannot be a part of total turnover and is separately chargeable - ITAT In a recent judgment, the…

  • Income Tax

CIT(A) can not dismiss appeal in limine for non filing of written submissions

2 years ago

CIT(A) can not dismiss appeal in limine for non filing of written submissions by assessee In a recent judgment, the…

  • Income Tax

Addition to be only for profit on sales corresponding to bogus purchase bills

2 years ago

Addition could be made only for part of additional profit on sales corresponding to bogus purchase bills In a recent…

  • Income Tax

Genuineness of transaction continuing from preceding year can not be disapproved

2 years ago

Genuineness of transaction continuing from preceding year can not be disapproved without cogent material In a recent judgment, the Bombay…

  • Income Tax

ITAT deletes Penalty u/s 270A due to defective notice u/s 274 not specifying penalty

2 years ago

ITAT deletes Penalty u/s 270A due to defective notice issued u/s 274 for not specification of penalty In a recent…

  • Income Tax

No addl. evidence to be admitted by CIT(A) unless AO given opportunity of examining

2 years ago

No additional evidence to be admitted by CIT(A) unless Assessing Officer is given opportunity of examining the evidence and rebut…