• Income Tax

When books of account are not maintained, penalty u/s 271B can’t be levied

10 months ago

Once it is established that assessee has not maintained the books of account, same can not be audited - ITAT…

  • Income Tax

When loan stands repaid no addition can be made under Section 68 – ITAT

10 months ago

When assessee had already repaid unsecured loans along with the interest no addition can be made under Section 68 treating…

  • Income Tax

Addition for cash deposit during demonetisation without following CBDT guidelines deleted

10 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

10 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

10 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

10 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

10 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.

10 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

10 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

10 months ago

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