• Income Tax

Issue decided on merits by ITAT cannot again be subject matter of reopening u/s 147

2 years ago

Issue decided on merits by ITAT cannot again be subject matter of reopening of assessment under section 147 In a…

  • GST

Central Goods and Services Tax (Amendment) Rules 2024

2 years ago

Central Goods and Services Tax (Amendment) Rules, 2024 notified. The Central Government, on the recommendations of the GST Council has…

  • Income Tax

Mere creation of VC Link not absolve responsibility of providing personal Hearing

2 years ago

Mere creation of video conferencing (VC) meeting ID/Link does not absolve responsibility of offering personal hearing - High Court In…

  • Income Tax

Penalty u/s 270A for claiming bogus deductions deleted for failure to mention specific clauses

2 years ago

Penalty u/s 270A for claiming bogus deductions deleted by ITAT for failure to identify specific Clauses from (a)to (f) of…

  • Income Tax

Dropped Reassessment proceedings revived on change of opinion quashed

2 years ago

Dropped Reassessment proceedings revived by corrigendum on change of opinion without any new material not allowable. In a recent judgment,…

  • Income Tax

For payment of interest on refund, amount paid as tax is different from amount seized

2 years ago

For payment of interest on refund of amounts paid as tax is quite different from amount seized from the possession…

  • Income Tax

Rotations from Auto Sweep A/c not fresh investments-Addition u/s 68 deleted

2 years ago

Rotations from Auto Sweep A/c not fresh investments-Addition deleted In a recent judgment, ITAT Mumbai has deleted the addition u/s…

  • Income Tax

Maintenance charges received from tenants taxable as income from other sources

2 years ago

Maintenance charges received from tenants taxable under income from other sources not house property – ITAT In a recent judgment,…

  • ICAI

ICAI invites EOI for Empanelment of Faculty / Experts for Online Modules

2 years ago

ICAI invites Expression of Interest (EOI) for Empanelment of Faculty / Subject Matter Experts for Self-paced Online Modules. The Institute…

  • Income Tax

Filing revised ITR do not deprive assessee of opportunity to oppose proposed variation

2 years ago

Filing revised return in reply to show cause does not deprive assessee of opportunity to oppose proposed variation In a…