• Income Tax

Income Tax launches Business Intelligence Mobile Application for monitoring purposes

7 years ago

Income Tax launches Business Intelligence Mobile Application for monitoring purposes Director of Income tax (Systems) has developed a Business Intelligence…

  • GST

GSTR-3B not a monthly return in lieu of GSTR-3. HC quashes Finance Ministry Press release

7 years ago

GSTR-3B not a monthly return in lieu of Form GSTR-3. High Court quashes Finance Ministry Press release clarifying the last…

  • Income Tax

Income wrongly declared in ITR by mistake cannot be taxed because assessee did not earned it-ITAT

7 years ago

Income wrongly declared in ITR by mistake cannot be taxed because assessee has not earned it. There is no provision…

  • Income Tax

Allowability of deduction u/s 80TTB for SB interest to senior citizens

7 years ago

Allowability of deduction u/s 80TTB for SB interest to senior citizens not have fixed deposit interest income  The ITR utilities…

  • Income Tax

Transfer u/s 2(47)(v) complete on taking possession of property in part performance of contract

7 years ago

Transfer u/s 2(47)(v) is complete when possession of immovable property taken over in part performance of contract  ABCAUS Case Law…

  • Income Tax

CBDT exempts income of Chhattisgarh Building and Other Construction Workers Welfare Board

7 years ago

CBDT exempts income of Chhattisgarh Building and Other Construction Workers’ Welfare Board MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD…

  • Income Tax

Penalty u/s 271(1)(c) confirmed despite non specific charge in notice

7 years ago

Penalty u/s 271(1)(c) confirmed despite non specifying charge in the notice as assessee not raised it before CIT(A) and changed…

  • Income Tax

No Revision u/s 263 when assessment order was void and did not exist in law

7 years ago

No Revision u/s 263 when assessment order was void and did not exist in law for not following procedure laid…

  • Income Tax

Deity is a juristic person having status of individual, Section 167B not applicable

7 years ago

Deity is a juristic person having status of individual, Tax rates/slabs as applicable to an individual would apply. Section 167B…

  • Excise/Custom

Partial discharge of bonds / Bank Guarantees submitted for gold import in proportion to export made

7 years ago

Partial discharge of bonds / bank guarantees submitted for import of gold in proportion to export made Circular No. 18/2019-Customs…