The Income Tax Department has issued an advisory/warning for cash transactions in excess of prescribed limits.
The advisory warns that contravention of section 269ST may result in levy of tax and/or penalty.
The Department has solicited information regarding such violations or Black Money or Benami Transactions on email id blackmoneyinfo@incometax.gov.in
Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…
CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…
Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite…
CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…
Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities GSTN Advisory dated…
No protective addition required in the hand of a third party when additions have been confirmed in the hands of…