Trust set up for providing benefits to a particular community no ground to  deny Section 12AA registration ABCAUS Case Law Citation:ABCAUS 3295 (2020) (04) ITAT Important case law relied upon by the parties:Leuva Patel Seva Samaj TrustM/s Ananda Social & Educational Trust In this case, the appellant assessee …

Withdrawal of deduction u/s 54/54F beyond scope of rectification u/s 154. AO has no jurisdiction to re-appreciate evidences already considered.  ABCAUS Case Law Citation:ABCAUS 3294 (2020) (04) ITAT Important case law relied upon by the parties:T.S. Balaram, Income Tax Officer vs Volkart Brothers & Ors, 82 ITR 50 …

CBDT relaxes time for submission of Forms 15G & 15H for FY 2020-21 Due to the outbreak of the COVID-19 virus, the CBDT has issued an order u/s 119 of the Income Tax Act 1961 regarding submission of Form 15G and Form 15H for Financial Year 2020-21. Due …

Measure to facilitate trade during lockdown to expedite customs clearance of goods in terms of section 143AA of the Customs Act 1962 Circular No. 17/2020-Customs   F. No.473/02/2020-LCGovernment of IndiaMinistry of FinanceDepartment of Revenue (Central Board of Indirect Taxes & Customs)   Room No.49, North Block, New DelhiDated …

Assessee must be put to notice of all provisions on which revenue relies upon. Supreme Court quashed reopening notice u/s 148 ABCAUS Case Law Citation:ABCAUS 3293 (2020) (04) SC Important case law relied upon by the parties:Claggett Brachi Co. Ltd. London 1989 Supp(2) SCC 182M/s Phool Chand Bajrang …

CBIC issues GST Notifications/Circular and clarify relief provided due to Corona Virus (COVID-19)   CBIC has issued various Notifications and Circular to provide relief to taxpayers in view of spread of Novel Corona Virus (COVID-19). The relief was earlier announced by the Finance Ministry in a Press Conference. …