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Abcaus

Mistake in Truck number on E-way bill

Mistake in mentioning some digits of Truck number on E-way bill – HC directs release of goods and vehicle

administrator November 4, 2018 GST, High Courts
Mistake in mentioning some digits of Truck number on E-way bill – High Court directs release of goods and vehicle on furnishing security and indemnity bond ABCAUS Case Law Citation: ABCAUS 2612 (2018) (11) HC Lately, the Hon’ble Allahabad High Court had held that Seizure of goods for …
stamp duty

Stamp Authorities to pay interest on excess stamp duty amount wrongfully taken – High Court

administrator November 4, 2018 Government, High Courts
Stamp Authorities to pay interest on the excess stamp duty amount wrongfully taken by the when the excess amount was being returned – High Court ABCAUS Case Law Citation: ABCAUS 2611 (2018) (11) HC Important Case Laws Cited/relied upon: Ansal Housing and Construction Ltd. vs. State of U.P. …

Reopening u/s 148 where properties sold illegally and assessee did not received sale consideration

administrator November 3, 2018 High Courts, Income Tax
Reopening u/s 148 where properties sold illegally and assessee did not received any sale consideration-High Court declines to interfere in view of the alternative remedy available to assessee ABCAUS Case Law Citation: ABCAUS 2610 (2018) (11) HC Important Case Laws Cited/relied upon: Commissioner of Income Tax and others …
Reopening based on AIR information

Reopening based on AIR information after sending query letter was not without application of mind

administrator November 3, 2018 Income Tax, ITAT
Reopening by issue of notice u/s 148 on the basis of AIR information after sending query letter to assessee was not without application of mind nor reasons recorded were reason to mere suspect – ITAT ABCAUS Case Law Citation: ABCAUS 2609 (2018) (11) ITAT The assessee had filed …
reopening notice u/s 148

Reopening notice after 4 year when escaped income less than 1 lakh is time barred – ITAT

administrator November 3, 2018 Income Tax, ITAT
Reopening notice after 4 year when escaped income less than 1 lakh is time barred and not tenable in the eyes of law – ITAT ABCAUS Case Law Citation: ABCAUS 2608 (2018) (11) ITAT Important Case Laws Cited/relied upon: Amarnath Agrawal vs. CIT & Anr. (2015) 371 ITR …
PSB Loans in 59 minutes

PSB Loans in 59 minutes- FAQ. In-Principle approval for MSME loans up to 1 Crore from PSBs

administrator November 3, 2018 MSME
PSB Loans in 59 minutes FAQ. It enables In-Principle approval for MSME loans up to INR 1 Crore in 59 minutes from Public Sector Banks PSB Loans in 59 minutes is an online marketplace, which will enable In-Principle approval for MSME loans up to INR 1 Crore in …

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