When AO invoked provisions of section 37(1) to disallow purchases, provisions of section 69C of the Act are not applicable…
ITAT refuses to accept opening cash as source of cash deposit as assessee was not subject to audit and cash…
Mere preparation of income tax notice and forwarding the same for dispatch is not effective issuance of notice until it…
Agreement validly terminated prior to initiation of CIRP did not constitute “assets” or “property” of the corporate debtor u/s 14…
Supreme Court explains jurisdiction of courts under NI Act for dishonour of account payee or bearer cheques In a recent…
Advances received in normal course of business and adjusted against sale bills cannot be added u/s 68 of the Income…
Faceless mechanism for income escaping assessment would not exclude the Central charges and International Taxation charges from its application -…
Ground not adjudicated by first appellate authority or ground not originating from first appellate order cannot be decided in second…
High Court directed ITD to consider condonation of delay in filing ITR for four years as the COVID-19 pandemic constituted…
SEBI revises its regulation on additional incentives to Mutual Fund distributors for onboarding new individual investors from B-30 cities and…