If cause of action u/s 138 of the NI Act arises after the commencement of Insolvency process, proceedings u/s 138 cannot be ...

Conclusion: Since the gold chain of assessee was seized at the Delhi airport without proper hearing being given and show cause notice, therefore, Department was directed to release the gold item of ...

Conclusion: Penalty imposed under section 271 (1) (b) for non-compliance with a notice during the Covid-19 pandemic was deleted due to disruptions caused by lockdowns during outbreak of Covid-19 ...

Conclusion: Since CIT (Appeals) dismissed the appeal without addressing key issues raised against the assessment order, therefore, the matter was remanded back to CIT (A) as CIT (A) should have ...

In accordance with the recent amendment to section 200(3) of the Income-tax Act by the FINANCE (No.2) ACT, 2024, it has been stipulated that correction statements for TDS/TCS filings must now be ...

Income Tax Appellate Tribunal (ITAT) Pune has ruled that the timely filing of Form 10B is not a mandatory condition f ...

Cost Auditor is a Cost Accountant in practice, who is appointed by the Board of Director of the Company. Cost Accountant means a person who is member of the Institute of Cost Accountants of India and ...

Patent drafting and translation expenses are revenue expenditure allowable u/s 37 ...

The assessee has filed the present appeal challenging the impugned order dated 29/03/2024, passed under section 263 of the Income Tax Act, 1961 (“ the Act ”) by the learned Principal Commissioner of ...

Thus, by deleting the additions made by AO, CIT (A) & Tribunal emphasize that once the three main ingredients have been proven by assessee u/s 68, onus of proving otherwise is shifted to AO.

This is an appeal filed by the assessee against the order passed by the NFAC, Delhi dated 12/11/2024 vide DIN No. ITBA/NFAC/S/250/2024-25/1070294092 (1) for the assessment year 2018-19.

A circular no. 83 issued by ministry of commerce; applicable to all SEZ; which covers “business support services” as authorised services as well; ...