• Income Tax

CBDT amends e-advance rulings Scheme 2022

3 years ago

CBDT amends e-advance rulings Scheme 2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification 38/2023 New Delhi, the…

  • Income Tax

When on examining CIT was not clear, CPC can not disallow under artificial intelligence

3 years ago

When examining details, CIT(Appeals) was not clear as to nature then expenses cannot be disallowed by CPC under artificial intelligence…

  • Income Tax

Penalty u/s 271B for belated tax audit report deleted where accountant suddenly left the job

3 years ago

Penalty u/s 271B deleted where accountant handling accounts suddenly left the job but assessee furnished audit report before completion of…

  • Income Tax

Addition for unexplained cash deleted as assessee regularly declared tuition income & paid tax

3 years ago

Addition for unexplained cash deleted as assessee consistently declared tuition income and paid tax over 20 -25 years ABCAUS Case…

  • Income Tax

Merely because assessee not filed appeal against addition not a ground for imposing penalty

3 years ago

Merely because assessee did not filed appeal against addition it cannot be a ground for imposing penalty - ITAT ABCAUS…

  • GST

GST E-Invoice QR Code Verifier App by GSTN – Key Features and Benefits

3 years ago

GST E-Invoice QR Code Verifier App by GSTN The E-Invoice Verifier App developed by GSTN, has been introduced which offers…

  • Income Tax

Estimating higher gross profit rate without rejecting books of account not permissible

3 years ago

Estimating higher gross profit rate without rejecting books of account or pointing out any defects or discrepancies in the audited…

  • Income Tax

Pension fund 2743298 Ontario Limited notified for exemption u/s 10(23FE) of Income Tax Act

3 years ago

Pension fund 2743298 Ontario Limited notified for exemption u/s 10(23FE) of Income Tax Act   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

  • Income Tax

Revision of exceptions to monetary limits for filing appeals deferred u/s 158AB

3 years ago

  CBDT revises exceptions to monetary limits for filing appeals u/s 158AB where identical question of law is pending before…

  • Income Tax

Maintenance charge received from tenants held income from Business / Profession

3 years ago

Maintenance charge income received from tenants held income from business or profession not income from house property. ABCAUS Case Law…