• Income Tax

Addition u/s 69C as unexplained expenditure upheld over and above GP addition

5 months ago

ITAT confirmed addition u/s 69C as unexplained expenditure over and above Gross Profit addition In a recent judgment, ITAT Hyderabad…

  • Income Tax

Merely non furnishing purchase & sale register not escapement of income – SLP dismissed

5 months ago

Merely non furnishing of purchase & sale register would not amount to escapement of income In a recent judgment, the…

  • Income Tax

Exemption u/s 54F allowed as assessee became owner of 2nd house only after mutation

5 months ago

Exemption u/s 54F allowed holding that assessee was owner of only one house at the time of transfer and became…

  • GST

LR must be issued SCN before making determination of GST liability of deceased

5 months ago

Legal representative of deceased must be issued a show cause notice before making determination of GST liability of deceased –…

  • Income Tax

Notice u/s 143(2) by ITO who lacked jurisdiction held valid being in conformity with intent of Act

5 months ago

Notice u/s 143(2) issued by ITO who lacked jurisdiction held valid as in substance it was in conformity with the…

  • GST

No error or illegality in dismissing appeal for non payment of 20% of tax demanded – SC

5 months ago

Appellate Authorities committed no error or illegality in dismissing the appeal for non payment of 20% of the tax demanded…

  • GST

Merely not mentioning transporter’s name in e-way bill not intention to evade payment of tax

6 months ago

When goods was accompanied with requisite documents merely not mentioning name of transporter in e-way bill not intention to evade…

  • Income Tax

Assessment quashed as ITR was above Rs. 10 lacs for which ITO lacked jurisdiction

6 months ago

Assessment quashed as the return of income was filed by the assessee was above Rs.10 lacs, for which, the jurisdiction…

  • Income Tax

Revenue record not conclusive evidence that land is used for agricultural purposes

6 months ago

Revenue record is only one of evidence and not a conclusive piece of evidence that land is used for agricultural…

  • Income Tax

High Court allows capital gain exemption u/s 54(1) on purchase of seven houses

6 months ago

High Court allows capital gain exemption u/s 54(1) on purchase of seven row houses before the amendment brought w.e.f. 01.04.2015.…