Those opted GSTR3B reset-ignore late fee visible before submit
Taxpayers who have opted for reset of GSTR3B, late fee inadvertently gets visible for months for which it has been waived off. Upon clicking submit, GST System recalculates the late Fee and it will then be reset to 0. Please ignore the late fee being visible before submit.
Credit in assessee’s capital account consequent to book entry adjustments in the books of the partnership firm can not be…
Non-compliance of summons issued u/s 131 by investing companies is no ground to make addition under section 68 of the…
Assessee not obliged to demonstrate actual utilization of donation u/s 35(1)(ii) for scientific research made to an eligible institution In…
Phrase "genuineness of activities" has been interpreted liberally by various judicial forums including the ITAT and High Courts - ITAT…
If assessing officer rejects a reply, he had to offer an opportunity of personal hearing to the assessee– Allahabad High…
Business decisions such as withdrawal and redeposit of cash fall within the domain of commercial expediency and AO cannot substitute…