Declaring deemed profit u/s 44AE against business payments claimed as expenditure by related party was legal tax-planning - ITAT In…
Audit Objections can be basis for reopening but mere quoting audit objection ignoring reply of assessee is non application of…
Look Out Notice/Circular against assessee from travelling abroad quashed as no prosecution had been launched. In a recent case, the…
ITAT gives relief to Aishwarya Rai Bachchan by upholding deletion of disallowance u/s 14A over and above the suo-moto disallowance.…
ITAT deleted addition of amount borrowed for treatment of father and deposited in bank account considering cost of medical treatment…
When the income determined as taxable is below exemption limit, provisions of section 115BBE can not be invoked. In a…
CBIC issues guidelines regarding Revision of Entries post Clearance under section 18A of the Customs Act 1962 Under Section 18A,…
Simplified GST Registration Scheme - GSTN issues advisory for amended GST electronic Registration Scheme to grant GST registration in three…
Income Tax notice by process server held invalid for no acknowledgement or endorsement on the original notice as required under…
Exemption from income tax provided by RFCTLARR Act is also applicable to the compensation for land acquired under the National…