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Credit for TDS inadvertently not claimed in return of income allowed by ITAT holding that assessee should not be deprived of the benefit of the TDS credit which was inadvertently not claimed in the return of income ABCAUS Case Law Citation:ABCAUS 3734 (2023) (05) ITAT Important Case Laws …
Penalty u/s 271D initiated when assessee was alive but order invalid if passed in the name of assessee after his death ABCAUS Case Law Citation:ABCAUS 3733 (2023) (05) ITAT Important Case Laws relied upon:ITO v. Bhupendra Bhikhalal Desai 131 taxmann.com 40 (SC)ITO vs. Durlabhbhai Kanubhai Rajpara 114 taxmann.com …
Date of actual payment of salary to be considered for disallowance of EPF u/s 36(1)(va) for delay in deposit within 15 days – ITAT ABCAUS Case Law Citation:ABCAUS 3732 (2023) (05) ITAT Important Case Laws relied upon:Checkmate Services (P.) Ltd. Vs CIT-1, 143 taxmann.com 178 (SC)Primary Agricultural Cooperative …
Electronic certificate of origin or e-CoO, issued by the Issuing Authority of Sri Lanka, is a valid document for the purpose of claiming preferential benefit under the India-Sri Lanka FTA CBIC had received representations that benefit of preferential tariffs in respect of goods eligible for such benefits when …
Extension of Time limit for Reporting old Invoices on the e-invoice IRP Portal for taxpayers with AATO greater than or equal to 100 crores.- GSTN Advisory GSTN vide its advisory dated 06.05.2023 has deferred the imposition of time limit of 7 days on reporting old e-invoices on the …
Professionals like Chartered Accountants, Company Secretary and Cost and Works Accountants made reporting entity under PMLA for certain activities carried out on behalf of client Ministry of Finance has issued a Notification specifying type of financial transactions carried out by a CA, CS or CWA on behalf of …
Section 327(7) of the Companies Act, 2013 not arbitrary / violative of Article 21 of the Constitution of India – Supreme Court ABCAUS Case Law Citation:ABCAUS 3731 (2023) (05) SC Important Case Laws relied upon:Manish Kumar Vs. Union of India and Anr. (2021) 5 SCC 1Swiss Ribbons Private …
Delay in filing appeal condoned as assessee was not a tech savvy person and could not see notice sent to email mentioned in Form No. 35 ABCAUS Case Law Citation:ABCAUS 3730 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) …
Belated Form 10 allowed as trust had reasonable belief it has applied 85% of income for charitable purposes and not required to file Form 10 for accumulation of income ABCAUS Case Law Citation:ABCAUS 3729 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed …
Deduction u/s 57(iv) allowable against Interest received on enhanced compensation for land acquisition despite assessee engaged in business of real estate. ABCAUS Case Law Citation:ABCAUS 3728 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in in rejecting the claim …