Income Tax

All Faceless e-Assessments are expected to be completed by mid-September 2020

Recent Posts

  • Income Tax

Unless request made, personal hearing not mandatory in faceless assessment – Patna HC

Unless request made, personal / oral hearing not mandatory and faceless assessment would be concluded without an oral hearing –…

3 hours ago
  • Income Tax

Mere technical mistake in return cannot be a ground of disallowing a claim

Mere technical mistake made by assessee while filing up return cannot be a ground of disallowing the claim when such…

20 hours ago
  • Income Tax

Capital gain deduction u/s 54B for land purchased in wife’s name SC stays HC Order

Denial of Capital gain deduction u/s 54B for agricultural land purchased in the name of wife Supreme Court stays High…

22 hours ago
  • Income Tax

Surrounding circumstances, prudent investor behaviour key to creditworthiness

CIT(A) was justified in considering surrounding circumstances, the normal human conduct of a prudent investor, the probabilities to judge creditworthiness…

24 hours ago
  • GST

HC frowns at Provisional attachment orders under GST not lifted on expiry of one year

High Court frowns at Provisional attachment orders passed u/s 83(1) GST lifted only their illegality being questioned In a recent…

1 day ago
  • Income Tax

In Faceless assessment grant of opportunity of personal hearing not optional for AO

In Faceless assessment grant of opportunity of personal hearing is not optional at discretion of the Assessing Officer its waiver…

1 day ago