• Income Tax

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

1 year 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

1 year 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

1 year 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

1 year 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

1 year 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

1 year 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

1 year 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.

1 year 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

1 year 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

1 year ago

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