• Income Tax

SC reprimands Income Tax Department for filing SLPs with considerable delays

2 years ago

Supreme Court reprimands Income Tax Department for filing SLPs with considerable delays Supreme Court reprimands the Income Tax Department for…

  • Income Tax

Issue of notice u/s 148 before approval by CIT is void ab initio- SC dismissed SLP

2 years ago

Issue of notice u/s 148 before approval by CIT is void ab initio- Supreme Court dismissed SLP  In a recent…

  • Income Tax

No addition u/s 56(2)(viib) when no money/ consideration was received – HC

2 years ago

No addition u/s 56(2)(viib) when no money/consideration was received by assessee on issue of shares which were allotted merely on…

  • GST

Mentioning wrong place of delivery in e-way bill was human error – High Court

2 years ago

In a recent judgment, the Hon'ble Allahabad High Court has quashed the penalty order u/s 129 of UPGST Act 2017…

  • Income Tax

Cost of Acquisition as on 1.4.2001 for properties purchased prior to 2001- Clarification

2 years ago

CBDT has clarified the question as to what would be the Cost of Acquisition as on 1.4.2001 for properties purchased…

  • GST

Advisory for FORM GSTR-1A for furnishing details of outward supplies

2 years ago

Advisory for FORM GSTR-1A- Form and manner of furnishing details of outward supplies GSTN has issued an advisory for FORM…

  • Income Tax

No Penalty u/s 271E on cash repayment of advances treated unexplained cash credits

2 years ago

Penalty u/s 271E can not be imposed on cash repayment of advances treated as unexplained cash credits. In a recent…

  • GST

Mining Royalty is not a tax – Supreme Court Nine Judges Bench approves decision in Kesoram

2 years ago

Mining Royalty is not a tax – Supreme Court Nine Judges Bench approves decision In Kesoram Industries and held that…

  • Income Tax

Assessee has right to get complete statements recorded against him – High Court

2 years ago

Assessee has right to get complete statements recorded against him and relied upon by the Income Tax Department  during the…

  • Income Tax

CBDT issues FAQs on new capital gains tax regime proposed in Union Budget 2024-25

2 years ago

CBDT issues 13 FAQs on new Capital Gain Tax Regime proposed in Union Budget 2024-25 Union Budget 2024-25 has proposed…