• Income Tax

Section 13 applies only to eligibility of exemption u/s 11, not for registration u/s 12AB

3 months ago

Section 13 of Income Tax Act applies only on the eligibility of exemption of income u/s 11 and not at…

  • Income Tax

Order rejecting registration u/s 12AB without confronting assessee with inspector’s report set aside

3 months ago

Rejecting application for registration u/s 12AB without confronting society with inspector’s report was violation of the principle of natural justice…

  • Income Tax

SC punished Income Tax Officials with fine for launching prosecution u/s 276C

3 months ago

Supreme Court punished Income Tax Officials with fine for launching prosecution u/s 276C without any order of the ITAT imposing…

  • Income Tax

Assessment proceedings vitiated by not taking cognisance of a valid revised return

3 months ago

Assessment proceeding was vitiated by not taking cognisance of a valid revised return by which original return stood obliterated. In…

  • Income Tax

Hundred percent addition on account of bogus purchase upheld – SLP dismissed

3 months ago

SLP dismissed against 100 percent addition made by the High Court on account of bogus purchase In a recent judgment…

  • Income Tax

Percentage completion method of accounting of real estate business was incorrect – ITAT

3 months ago

Application of percentage completion method of accounting of real estate business was incorrect as the project was not in the…

  • Income Tax

Provisions of Section 41(1) not apply to liabilities in respect of capital assets – ITAT

3 months ago

Provisions of Section 41(1) not applicable to liabilities written back which were incurred in respect of capital assets and were…

  • GST

Seizure of goods justified when e-way bill not generated on movement of goods

3 months ago

Seizure of goods justified when e-way bill was not generated immediately on movement of the goods but was generated after…

  • Income Tax

AO not bound to bring on record an acknowledgment of service of notice

3 months ago

AO not bound to bring on record an acknowledgment of service of the notice which is issued by registered post…

  • Income Tax

Addition u/s 68 deleted as time gap in cash withdrawal & deposit was normal in business

3 months ago

Addition u/s 68 deleted as time gap between cash withdrawal and cash deposit into bank account was similar to the…