• Insurance

ESI benefits extended to seven districts of Uttarakhand w.e.f. 01.04.2024

2 years ago

Benefits of Employees’ State Insurance (ESI) Act 1948 extended to seven districts of Uttarakhand w.e.f. 1st April 2024 EMPLOYEES' STATE…

  • Income Tax

CPC not justified in ignoring revised tax audit report correcting mistake in original report

2 years ago

CPC was not justified in ignoring the revised tax audit report furnished by the assessee correcting the mistake committed in…

  • Income Tax

No addition for time gap between withdrawals and deposits of cash – ITAT

2 years ago

No addition could be made only on the ground that there was time gap between the withdrawals and the corresponding…

  • Income Tax

Claim of expenditure involved not a case of concealment of income – ITAT

2 years ago

Claim of expenditure involved is not a case of concealment of income. ITAT deleted penalty u/s 271(1)(c) In a recent…

  • Income Tax

Mere clubbing loan account with capital account can not be treated unexplained income

2 years ago

Mere clubbing loan account with capital account can not be treated as unexplained income - ITAT In a recent judgment,…

  • Income Tax

Mere failure of creditor/shareholder to appear no basis to make addition u/s 68 – ITAT

2 years ago

Mere failure of creditor/ shareholder to appear no basis to make addition u/s 68 when assessee produced basic evidences -…

  • GST

AGFTC and ITBA requests FM to reduce penalty u/s 73(9) of the CGST Act 2017

2 years ago

AGFTC and ITBA requests Finance Minister to reduce penalty u/s 73(9) of the CGST Act 2017 All Gujarat Federation of…

  • Income Tax

Non-payment no ground for disallowing claim of sub-contract expenses – ITAT

2 years ago

Non-payment cannot be a ground for disallowing the claim of sub-contract expenses - ITAT In a recent judgment, the ITAT…

  • Income Tax

Under peak theory, only peak cash deposit to be taxed instead of entire cash deposit

2 years ago

Under peak theory, only peak cash deposit to be taxed instead of entire cash deposit in bank account - ITAT…

  • Income Tax

Merely because no addition made, assessment cannot be held as erroneous or prejudicial

2 years ago

Merely because no addition is made, assessment cannot be held as erroneous or prejudicial - ITAT In a recent judgment,…