Preparation and uploading of fake ITR by Chartered Accountant. ITAT remands the case to AO to decide in the light of pending criminal case ABCAUS Case Law Citation:ABCAUS 3755 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the National Faceless Appeal …
Criminal complaint against company, CA directors for tax evasion u/s 276C by way of bogus share valuation report dismissed ABCAUS Case Law Citation:ABCAUS 3754 (2023) (05) AC Important Case Laws relied upon:Solar Paper Mills Limited and Ors. vs. The State Prakash Nath Khanna & Ors vs. Commissioner of Income …
Explanation that jewellery was acquired out of agricultural income of Bigger HUF before its partition cannot be termed as not plausible – ITAT ABCAUS Case Law Citation:ABCAUS 3753 (2023) (05) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming addition …
Exemption limit of Leave Salary Encashment u/s 10(AA) of employees other than Central/State Government Employees notified as Rs. 25 Lakhs w.e.f. 01.04.2023 Increased limit for tax exemption on leave encashment for non-government salaried employees notified The tax exemption on leave encashment of non-government salaried employees (in respect of …
CBDT notifies class of persons investment by whom not covered under Angel Tax u/s 56(2)(viib) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.30/2023 New Delhi, the 24th May, 2023 S.O. 2275(E).—In exercise of the powers conferred by clause (ii) of the first proviso to clause …
CBIC extends due date for filing various GST Returns in the State of Manipur In view of the violence in Manipur State, the CBIC has extended the time limit for filing various GST returns in the State of Manipur GSTR-1 The time limit for furnishing the details of …