• Income Tax

First-time experience in filing appeal a reasonable & bona fide cause for delay

2 weeks ago

First-time experience in filing appeal was a reasonable and bona fide cause for delay – ITAT condoned delay In a…

  • GST

Non-disclosure of destination place in documents no ground for seizure u/s 129 of GST Act.

2 weeks ago

Mere nondisclosure of place of destination in the documents cannot be a ground for seizure u/s 129 of GST Act.…

  • arbitration

Charging of exorbitant interest in commercial transactions not against morality or justice

2 weeks ago

Imposition of exorbitant interest in contemporary commercial practices not against the fundamental policy of Indian Law, or against the morality…

  • Income Tax

Assessees not required to prove “source of the source‟ of funds Prior to Finance Act 2022

2 weeks ago

Assessees was  not required to prove the “source of the source‟ of funds received as unsecured loans Prior to the…

  • Income Tax

During pendency before settlement commission, assessee have right to contest assessment

2 weeks ago

The contention that during the pendency of case before settlement commission, the assessee must give up his right to contest…

  • Income Tax

Entire amount of undisclosed money cannot be treated income but only profit embedded

2 weeks ago

Entire amount of undisclosed money cannot be treated as income and only estimated profit embedded in these transactions may only…

  • GST

Penalty confirmed as loading point of the goods was different as declared in E- Way Bill

2 weeks ago

Penalty confirmed as loading point of the goods loaded in vehicle was different as declared in E- Way Bill which…

  • Income Tax

Notice u/s 143(2) send by email fifty seconds before signing by AO not a legal notice

2 weeks ago

Notice u/s 143(2) send by email fifty seconds before signing by the Assessing Officer was not a legal notice -…

  • Income Tax

Amount shown payable & receivable by both parties, not unexplained money – ITAT

2 weeks ago

Once investment amount reflected as payable and receivable in the books of accounts of both parties, no addition can be…

  • Income Tax

Consolidated satisfaction note for all assessment years fatal to jurisdiction u/s 153C

2 weeks ago

Recording consolidated satisfaction note for various assessment years is fatal to the very assumption of jurisdiction under section 153C -…