• Income Tax

SLP dismissed against condoning delay in filing Form 10B as CA wasn’t aware of online filing

10 months ago

Condoning delay in filing audit report in Form 10B as CA of the assessee was not aware of newly introduced…

  • Income Tax

No bar prohibiting simultaneous penalty u/s 271B and 271A of Income Tax Act

10 months ago

There is no bar in penalty u/s 271B for non-audit u/s 44AB if penalty u/s 271A is also levied for…

  • Income Tax

Cash book cannot be rejected when availability of stock is not disputed

10 months ago

Cash book cannot be rejected when availability of stock in trade is not disputed as per stock register which is…

  • Income Tax

Section 148 of it Act after 01.04.2021, not require recording reason to believe

10 months ago

Section 148 of Income Tax Act after 01.04.2021, does not even require recording reason to believe. In a recent judgment,…

  • Income Tax

Income Tax Deptt. Lucknow to hire Young Professional for assisting before ITAT

10 months ago

Income Tax Department, Lucknow is hiring Young Professional for assisting the Departmental Officers posted in various benches of ITAT, Lucknow…

  • Income Tax

Burden of proof on assessee to adduce evidence that land sold is agricultural

10 months ago

Burden of proof is on assessee to adduce cogent evidence that land sold was an agricultural land – Supreme Court…

  • GST

Civil Court decreed refund of FD given as security deposit for registration in VAT era

10 months ago

Civil Court decreed refund of security deposit of VAT era as in GST Regime there is no requirement of security…

  • Income Tax

Pursuing rectification u/s 154 is reasonable cause for condonation of delay in filing appeal

10 months ago

Pursuing remedy through rectification application u/s 154 within time, is a reasonable cause for condonation of delay in filing of…

  • Income Tax

Allowability of depreciation on highway project awarded on DBOT basis

10 months ago

ITAT allows depreciation on highway project awarded on DBOT basis In a recent judgment, ITAT Delhi allows depreciation on highway…

  • Income Tax

Once assessee satisfies conditions u/s 270AA, AO is bound to grant immunity

10 months ago

Once assessee satisfies conditions mentioned in section 270AA, the Assessing Officer would be bound to grant immunity In a recent…