• Income Tax

Faceless mechanism for reopening include Central & International Tax charges

10 months ago

Faceless mechanism for income escaping assessment would not exclude the Central charges and International Taxation charges from its application -…

  • Income Tax

Ground not adjudicated by 1st appellate authority cannot be decided in 2nd appeal

10 months ago

Ground not adjudicated by first appellate authority or ground not originating from first appellate order cannot be decided in second…

  • Income Tax

COVID-19 amounted to a force majeure event – HC directs condonation of delay in filing ITR

10 months ago

High Court directed ITD to consider condonation of delay in filing ITR for four years as the COVID-19 pandemic constituted…

  • SEBI

SEBI revises its regulation on additional incentives to Mutual Fund distributors

10 months ago

SEBI revises its regulation on additional incentives to Mutual Fund distributors for onboarding new individual investors from B-30 cities and…

  • Income Tax

CBDT 2nd NUDGE initiative for voluntary compliance in respect of Foreign Assets

10 months ago

CBDT to launch 2nd NUDGE initiative to strengthen voluntary compliance in respect of Foreign Assets The CBDT is all set…

  • GST

Merely for wrong PIN code of consignor/ consignee goods can’t be seized u/s 129(3)

10 months ago

If address of consignor or consignee is correct, merely for wrong PIN code, the proceedings u/s 129 can not be…

  • Income Tax

Notice u/s 143(2) void if type of scrutiny not mentioned i.e. limited, complete or compulsory manual

10 months ago

Notice u/s 143(2) without specifying whether it is a limited scrutiny or a complete scrutiny or a compulsory manual scrutiny…

  • Income Tax

Once unaccounted income is admitted & attains finality, no protective addition can be made

10 months ago

Once unaccounted income is admitted and issue attains finality, no addition can be made on a protective basis for the…

  • Income Tax

Condonation of delay in filing Form 10B – ill-health of executive trustee, a bonafide reason

10 months ago

Condonation of delay in filing Form 10B/ITR. ill-health resulting in demise of executive trustee was a bonafide reason In a…

  • GST

Cancellation of GST registration would work against the interest of revenue – HC

10 months ago

Cancellation or Suspension of GST registration would be counterproductive and work against the interest of the revenue – HC In…