Deeming fiction of Section 129(5) of CGST Act, 2017 cannot be interpreted to imply that the proper officer is absolved from passing an order concluding the proceedings. In a recent judgment, Hon’ble Supreme Court has held that deeming fiction of Section 129(5) of CGST Act, 2017 that proceedings …

Addition u/s 68 deleted as identity of loan givers established and assessee was not beneficiary as loan was repaid in subsequent year. In a recent judgment ITAT Mumbai deleted addition under section 68 as the  assessee had furnished requisite material showing identity of loan givers and assessee was …

No burden of proof on assessee to rebut the alleged Swiss Bank Account for mere presence of name in document obtained from a foreign govt. under DTAA. In a recent judgment, Delhi High Court held that mere presence of name in unauthenticated document obtained indirectly through a Foreign …

Request for Expression of Interest (EOIs) For Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST registered persons under Section 66 of the Central Goods & Services Tax Act, 2017 Commissioner, CGST & C. Ex., Jammu, Central Board of Indirect Taxes and Customs, …

ICAI invites EOI for empanelment of reviewers/subject experts for its CA courses for development / review of Study Material ICAI has invited Expression of Interest for empanelment of reviewers /subject experts at the Foundation, Intermediate and Final levels of the CA course for development / review of Study …

CBDT gives more relief in TDS Defaults due to PAN AADHAAR non linkage cases Partial Modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962 Central Board of Direct Taxes vide Circular No. 03 …