GST Council’s 53rd meeting took important decisions held on 22/06/2024 June 24, 2024 Read More HC upheld no addition u/s 56(2)(viib) as there was no actual receipt of consideration June 22, 2024 Read More “Employment abroad” can also mean starting a business or practicing a profession abroad, for determining residential status June 21, 2024 Read More ITAT Confirms Tax Exemption for Non-Profit Organization; Upholds Charitable Nature of Activities June 19, 2024 Read More Non-filing of return cannot be equated with tax escapement where taxes are already paid June 18, 2024 Read More No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
HC upheld no addition u/s 56(2)(viib) as there was no actual receipt of consideration June 22, 2024 Read More “Employment abroad” can also mean starting a business or practicing a profession abroad, for determining residential status June 21, 2024 Read More ITAT Confirms Tax Exemption for Non-Profit Organization; Upholds Charitable Nature of Activities June 19, 2024 Read More Non-filing of return cannot be equated with tax escapement where taxes are already paid June 18, 2024 Read More No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
“Employment abroad” can also mean starting a business or practicing a profession abroad, for determining residential status June 21, 2024 Read More ITAT Confirms Tax Exemption for Non-Profit Organization; Upholds Charitable Nature of Activities June 19, 2024 Read More Non-filing of return cannot be equated with tax escapement where taxes are already paid June 18, 2024 Read More No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
ITAT Confirms Tax Exemption for Non-Profit Organization; Upholds Charitable Nature of Activities June 19, 2024 Read More Non-filing of return cannot be equated with tax escapement where taxes are already paid June 18, 2024 Read More No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
Non-filing of return cannot be equated with tax escapement where taxes are already paid June 18, 2024 Read More No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
No addition under section 68 even when sales during demonetization period was abnormal June 15, 2024 Read More Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
Application for additional evidence allowed where revenue could not submit anything on the contrary June 14, 2024 Read More Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
Reviewing the books of accounts thoroughly is crucial before invalidating them June 13, 2024 Read More Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
Penalty u/s 271(1)(c) cannot be imposed if assessee acknowledges mistake prior to receiving the notice under Section 148. (Kerala HC) June 11, 2024 Read More Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
Kerala HC upholds Section 16(4)’s constitutional validity; however, allows retrospective extension to claim ITC June 8, 2024 Read More 1819202122
