• Income Tax

CBDT eases approval for paper refunds in exceptional situations where there is no alternative

7 years ago

CBDT eases approval process for paper refunds in exceptional situations where there is no alternative ITBA Assessment Instruction No. 9/2019…

  • Income Tax

Non raising limitation issue and participation in proceeding not precludes assessee to raise it later

7 years ago

Non raising of limitation issue and participation in assessment proceeding not precludes assessee to raise such issue at a later…

  • Income Tax

No Penalty u/s 271(1)(c) on statutory disallowances u/s 40(a)(ia) 40A(3) – ITAT deleted penalty

7 years ago

On statutory disallowances u/s 40(a)(ia) 40A(3) there cannot be any penalty u/s 271(1)(c) especially when assessee not claimed deduction of…

  • GST

GSTN clarifies issues reported in filing Form GSTR-9 and GSTR-9C-Steps to be taken

7 years ago

GSTN clarifies issues reported in filing Form GSTR-9 and GSTR-9C - Steps to be taken. GSTN has issued clarifications on…

  • Income Tax

CBDT fixes mandatory 24 hours participation in seminar, discussion etc. by Officers.

7 years ago

CBDT fixes mandatory 24 hours participation in seminar, discussion etc. by Officers. Participation may be taken into consideration in transfer/postings.…

  • GST

IGST refunds- Procedure of verification of IGST payments for goods exported out of India

7 years ago

IGST refunds-Procedure for verification of IGST payments for goods exported out of India due to fraudulent ITC claims by some…

  • Income Tax

Repairs to preserve and maintain already existing asset eligible u/s 37(1) as revenue expenditure

7 years ago

Repairs to preserve and maintain already existing asset and to improve its longevity eligible eligible as current repairs  ABCAUS Case…

  • Income Tax

AO not required to issue draft rectification order for assessment completed u/s 144C

7 years ago

AO not required to issue draft rectification order for assessment completed u/s 144C. Only a proposed “order of assessment” can…

  • Income Tax

Draft Assessment order u/s 144C with demand and penalty notice is illegal

7 years ago

Draft Assessment order u/s 144C with demand and penalty notice  is illegal as it partakes the character of final assessment…

  • Income Tax

Exemption u/s 54B available even if part, not entire land is in cultivation – ITAT

7 years ago

Exemption u/s 54B available even if part of land is in cultivation, there is no requirement that entire land should…