• Income Tax

Addition for cash deposit during demonetisation without following CBDT guidelines deleted

9 months ago

Addition 69A deleted for cash deposit in bank during demonetisation period as the AO did not follow source specific general…

  • Income Tax

ITO is “victim”, can appeal against CJM order acquitting accused u/s 276B rws 278B

9 months ago

Income Tax Officer is “victim” and have right to appeal under CrPC/BNS against acquittal of accused of default in deposit…

  • Income Tax

Addition made by CPC on the basis of clause 16(b) of Tax Audit Report deleted

9 months ago

Addition made by CPC as per Clause 16(b) of Tax Audit Report deleted as it was not stated in the…

  • GST

SC issues guidelines for common enquiry/ investigation by two different GST authorities

9 months ago

Supreme Court issues guidelines in case of common enquiry/investigation by two different GST authorities Supreme Court issues guidelines where after…

  • Income Tax

No bar in taxpayer making claim by letter without filing a revised return – ITAT

9 months ago

There is no bar to a taxpayer for making a claim by a letter without filing a revised return in…

  • Empanelment

Appointment of CA Firm for Tax Audit & filling ITR of Haryana Agro Industries Corpo.

9 months ago

Appointment of Chartered Accountants firm to carry out the work of Tax Audit & filling of income tax return of…

  • arbitration

Non signatory can not be allowed to be present in the arbitration proceedings – SC

9 months ago

Permitting non signatory to remain present in the arbitration proceedings is beyond the scope of Section 11(6) of the Arbitration…

  • Income Tax

Penalty u/s 270A deleted for non specification of limb of misreporting or under reporting

9 months ago

ITAT deleted penalty u/s 270A for non specification as to whether assessee misreported the income or under reported In a…

  • Income Tax

Advance received by MD held deemed dividend though repaid in same year

9 months ago

Advance received by Managing Director / shareholder held deemed dividend u/s 2(22)(e) though repaid within two months. In a recent…

  • Income Tax

ITAT upheld deduction on account of embezzlement of funds unearthed during year

9 months ago

ITAT upheld claim of deduction on account of embezzlement of funds unearthed during the relevant assessment year In a recent…