• GST

Service Tax Audit prima facie permissible post GST regime-Calcutta HC

8 years ago

Service Tax Audit prima facie permissible post GST regime - Calcutta High Court. Authorities entitled to audit for the period…

  • Income Tax

When ITAT quashed revision u/s 263 inspecting records furnished-no interference called

8 years ago

When ITAT inspected documents furnished in response to show-cause notice u/s 263 and found transactions not bogus, no interference was…

  • Income Tax

Malba charges rejected as cost of investment for claiming deduction u/s 54F

8 years ago

Malba charges was rejected as cost of investment for claiming deduction u/s 54F as there was no occasion for purchasing…

  • Income Tax

No penalty u/s 271D for cash loans taken to meet financial liabilities

8 years ago

No penalty u/s 271D for cash loans taken to meet financial liabilities of a closed business as it constituted a…

  • Income Tax

Statutory liability accrues on issuance of demand notice-disallowance u/s 43B deleted

8 years ago

Statutory liability accrues on issuance of demand notice-ITAT deleted disallowance u/s 43B and allowed payment of Local Body Tax in…

  • bankruptcy

IBBI constitutes Working Group on insolvency resolution of corporate debtors in a Group

8 years ago

IBBI constitutes a Working Group to recommend regulatory framework to facilitate insolvency resolution and liquidation of corporate debtors in a…

  • ICAI

ICAI Revised 2019 edition of the Guidance Note on Audit of Banks

8 years ago

ICAI Revised 2019 edition of the Guidance Note on Audit of Banks  Section A - Statutory Central Audit. The Guidance…

  • Income Tax

Addition u/s 69C for unexplained expenses on foreign tour with spouse deleted

8 years ago

Addition u/s 69C for unexplained expenses on foreign tour along with spouse deleted by Tribunal as it was part of…

  • Income Tax

Cash found during search belonging to parents- ITAT deleted addition

8 years ago

Cash found during search belonging to parents- ITAT deleted the addition on account of cash belonging to the parents of…

  • Income Tax

No concealment penalty on adoption of different GP rates

8 years ago

No penalty could be levied on the difference resulted due to adoption of different GP rates made on estimate basis…