• Income Tax

Assessee can not be prevented claiming income exempt if it was wrongly offered to tax

2 years ago

Assessee can not be prevented from claiming an income exempt merely because such income was wrongly offered in ITR which…

  • Income Tax

CIT(A) directed to consider rectification application against CPC adjustment u/s 143(1)(a)

2 years ago

CIT(A) directed to consider rectification application u/s 154 against CPC adjustment made u/s 143(1)(a) In a recent judgment, ITAT has…

  • Income Tax

No penalty can be levied if AO failed to record such satisfaction in assessment order

2 years ago

No penalty can be levied if AO failed to record such satisfaction in assessment order. Penalty proceedings would necessarily be…

  • Income Tax

There is no presumption that people having low income cannot have small saving – ITAT

2 years ago

There is no presumption that people having low income cannot have small saving In a recent judgment, ITAT has deleted…

  • Income Tax

Addition u/s 40A(3) deleted- CBDT can not impose new condition for grant of benefit

2 years ago

Addition u/s 40A(3) deleted- CBDT can not impose new condition for grant of benefit which are not provided in Act…

  • GST

GST Registration may take 30 days in some Aadhaar authentication cases – GSTN

2 years ago

GST Registration may take 30 days in some Aadhaar authentication cases for detailed verification based on risk profile- GSTN Advisory…

  • Income Tax

Assessee mislead by claiming Bad debts written off but made provisions in balance sheet.

2 years ago

Assessee mislead by claiming deduction for Bad debts written off when in fact at the same time it treated the…

  • Income Tax

Prosecution u/s 276B quashed as delay in depositing TDS was due to staff maternity leave

2 years ago

Prosecution u/s 276B rws 278AA quashed by High Court as delay in depositing TDS was due to maternity leave of…

  • Income Tax

Penalty u/s 272B for non-quoting PAN deleted as notice u/s 274 did not specified default done

2 years ago

Penalty u/s 272B for non-quoting of PAN deleted as show cause notice u/s 274 did not specified default done by…

  • Income Tax

What is registered e-mail address of assessee for issue of notice u/s 148A(b)? High Court explains

2 years ago

What is registered e-mail address of assessee for issuance of notice u/s 148A(b)? Allahabad High Court explains, quashes re-assessment proceedings…