Notice issued u/s 148 invalid if not signed digitally or manually by Assessing Officer - ITAT In a recent judgment,…
Interest paid on borrowed funds utilized for investment in group companies for strategic business purpose with commercial expediency cannot be…
Writ Court not to interfere if Petitioner has no defence to object to a special audit u/s 142(2A) In a…
Supreme Court reprimands Income Tax Department for filing SLPs with considerable delays Supreme Court reprimands the Income Tax Department for…
Issue of notice u/s 148 before approval by CIT is void ab initio- Supreme Court dismissed SLP In a recent…
No addition u/s 56(2)(viib) when no money/consideration was received by assessee on issue of shares which were allotted merely on…
In a recent judgment, the Hon'ble Allahabad High Court has quashed the penalty order u/s 129 of UPGST Act 2017…
CBDT has clarified the question as to what would be the Cost of Acquisition as on 1.4.2001 for properties purchased…
Advisory for FORM GSTR-1A- Form and manner of furnishing details of outward supplies GSTN has issued an advisory for FORM…
Penalty u/s 271E can not be imposed on cash repayment of advances treated as unexplained cash credits. In a recent…