• Income Tax

Notices u/s 133(6) not enough for verification of loan transactions from shell companies. High Court

2 years ago

Notices u/s 133(6) not enough for verification of loan transactions from shell companies. AO ought to have done further inquiry…

  • arbitration

Reference in 2nd contract to 1st contract, not make arbitration clause ipso facto applicable – SC

2 years ago

Reference in second contract to first contract, would not make arbitration clause ipso facto be applicable to second contract -…

  • Income Tax

Mere use of word Islamic do not make trust created only for religious community or cast – ITAT

2 years ago

Mere use of term Islamic world or Islamic Scholars in objects would not make trust created only for a religious…

  • Income Tax

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account

2 years ago

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account and was paid before due…

  • RBI

FAQs – Master Direction on Credit Card and Debit Card – Issuance and Conduct Directions, 2022

2 years ago

FAQs - RBI Master Direction on Credit Card and Debit Card – Issuance and Conduct Directions, 2022 Query 1. What…

  • ICAI

Extension of applicability of Peer Review Mandate for CA Firms under Phase II & III

2 years ago

Extension of applicability of Peer Review Mandate for CA Firms covered under Phase II & III. Revised Applicability of ICAI…

  • Income Tax

Disallowance for delayed deposit of PF/ESI prior to SC judgment deleted by ITAT

2 years ago

No disallowance for delayed deposit of PF/ESI prior to judgment of Supreme Court Disallowance of u/s 36(1)(va) for delayed deposit…

  • Income Tax

No pre-deposit required u/s 249(4)(b) before appeal in case of no admitted or undisputed tax

2 years ago

No pre-deposit requirement of tax/advance tax u/s 249(4)(b) before appeal to CIT(A) in case of no admitted or undisputed tax…

  • GST

Typographical error in e-way bill is a minor error, penalty levied u/s 129 of GST Act illegal

2 years ago

Typographical error in the e-way bill is a minor error therefore imposition of penalty under Section 129 of the GST…

  • GST

Penalty can not be levied u/s 129(3) of GST Act when search & seizure carried out u/s 67

2 years ago

Penalty proceedings can not be launched u/s 129(3) of GST Act subsequent to search and seizure carried out under Section…