Notications for applicability of E-invoicing

On 13th December 2019, the Central Board of Indirect Taxes and Customs (CBIC) has notified notifications no. 68/2019, 69/2019, 70/2019

Read more

Where the assesse has made the FDR out of borrowed funds, the interest on such FDRs cannot be added back by invoking the provisions of section 57(iii) of the Income Tax Act, 1961 – ITAT Delhi

Crux : Where the assesse has made the FDR out of borrowed funds, the interest on such FDRs cannot be

Read more

Where the additions and disallowances are deleted by the higher authorities, there is no basis for levying penalty u/s 271(1)(c) of the Act – ITAT Delhi

  Crux : Where the additions and disallowances are deleted by the higher authorities, there is no basis for levying

Read more

All about voluntary striking off the name of Company from Register of Companies

In the current scenario, there are certain companies which are inoperative or not working from the date of the incorporation

Read more

Where no satisfaction note in the searched persons proceeding recorded separately, the jurisdiction assumed u/s 153C in the case of the assessee is not in accordance with provisions of section 153C – ITAT Delhi

To download the complete order, click here  ITA No.1720-Del-2015-ACIT vs. Gracious Project Pvt. ltd.

Read more

Where the order is passed ex parte making an addition of Rs. 6 Lacs, the case is remanded back to CIT(A) directing it to provide final opportunity of being heard to the assessee

Read more

Where the notice issued u/s 271(1)(c) read with section 274 of the act does not specify whether the penalty is for concealment of income or for furnishing of inaccurate particulars of income, the same is bad in law and no penalty can be levied.

Read more
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
error: Content is protected !!