ITD says mentioning correct contact & email id details in efiling portal is assessee’s mandatory duty. Ignorance of law and process not to be encouraged ABCAUS Case Law Citation:ABCAUS 3770 (2023) (06) ITAT In the instant case, the assessee was aggrieved by the ex-parte orders of  first appellate …

CBDT amends Rule 44E  of Application for obtaining an Advance Ruling CBDT has notified the Income-tax (Ninth Amendment) Rules, 2023 amending the Rule 44E related to Application for obtaining an Advance Ruling. The amendment seeks to prescribe mode and authorised signatory of the Application for different emtities, i.e …

CBDT amends e-advance rulings Scheme 2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification 38/2023 New Delhi, the 12th June, 2023 (Income-Tax) S.O. 2569(E).—In exercise of the powers conferred by sub-sections (9) and (10) of section 245R of the Income-tax Act, 1961 (43 of 1961), the …

When examining details, CIT(Appeals) was not clear as to nature then expenses cannot be disallowed by CPC under artificial intelligence – ITAT ABCAUS Case Law Citation:ABCAUS 3769 (2023) (06) ITAT In the instant case, the assessee had challenged the order passed by the The National Faceless Appeal Centre …

Penalty u/s 271B deleted where accountant handling accounts suddenly left the job but assessee furnished audit report before completion of assessment. ABCAUS Case Law Citation:ABCAUS 3768 (2023) (06) ITAT In the instant case, the assessee had challenged the order passed by the The National Faceless Appeal Centre (NFAC)/ …

Addition for unexplained cash deleted as assessee consistently declared tuition income and paid tax over 20 -25 years ABCAUS Case Law Citation:ABCAUS 3767 (2023) (06) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming addition made by the Assessing Officer …