GST

GST-Change in MRP on unsold stock of pre-packaged goods by manufacturers or packers or importers.

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  • Income Tax

Reassessment on basis of borrowed belief of Anti-Corruption Bureau quashed

ITAT quashed reassessment on the basis of borrowed belief of Anti-Corruption Bureau without applying mind In a recent judgment, ITAT…

13 hours ago
  • Income Tax

In considering disallowance u/s 40A(2) genuineness of expenditure not relevant issue

In considering disallowance u/s 40A(2) for payments to specified persons, genuineness of expenditure is not a relevant issue. In a…

15 hours ago
  • Income Tax

Expression “Yes I am satisfied” in approval u/s 151 not a vital defect – ITAT

Expression “Yes I am satisfied” in approval u/s 151 not such a vital defect on the basis of which, re-opening…

16 hours ago
  • Income Tax

Section 143(1) Intimation not an order for Revision u/s 264 of Income Tax Act

Section 143(1) Intimation is only an intimation and it cannot be treated as an order for the purpose of Section…

19 hours ago
  • Income Tax

PCIT with jurisdiction over non corporate assesee can’t transfer corporate assessee’s case

Order u/s 127 quashed as PCIT having jurisdiction over non corporate assesee could not have transferred case of a corporate…

20 hours ago
  • DGFT

Modalities for issue of export authorizations of wheat flour & related products

DGFT issues modalities for eligibility, receipt and processing of applications for issuance of authorizations for export of wheat flour and…

1 day ago