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Income TaxLatestRecent Case Laws

Not passing a separate order for disposing off the objections of the assessee is a clear violation of law laid down by the Hon’ble Apex Court in the case of GKN Driveshaft – ITAT Delhi

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M/s Admach Auto Limited vs DCIT  ITA No. 9543/Del/2019 Pronounced on 18th December, 2020 The hon’ble ITAT Delhi, in a recent judgment, held that “the...
Income TaxLatestRecent Case Laws

Mentioning of wrong section and wrong facts in the reasons recorded for reopening of the assessment u/s 148 made the reassessment liable to be quashed – ITAT Delhi

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Maheshwari Roller Flour Mills Pvt. Ltd. vs. ITO ITA No. 4257/Del/2019 Pronounced on 17.12.2020 In the recent judgment by the Hon’ble ITAT Delhi, it was...
G.S.TLatestRecent Case Laws

Rectification of GSTR- 3B stayed by the Supreme court of India in case of Bharti Airtel Limited

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Union of India vs. Bharti Airtel Ltd.  SLP no. 8654/2020 Pronounced on 17.07.2020 The Hon’ble Supreme Court of India, in a recent judgment stayed the...
Income TaxLatestRecent Case Laws

For the imposition of penalty u/s 271(1)(c) of the Act either concealment of particulars of income or furnishing inaccurate particulars of such income are since qua non – ITAT Delhi

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M/s Aryahi Buildwell Pvt Ltd. vs ACIT ITA No. 139/Del/2017 Pronounced on 16.12.2020 In the recent case, it was observed by the Hon’ble ITAT that...
GSTLatest

Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration

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The CBIC, on 27th November 2020, issued the Instructions containing the Standard Operating Procedure (SOP)  for verification of taxpayers granted deemed registration. The Instruction reads...
BlogsGSTLatest

Interest in GST to be levied on Net Tax Liability w.e.f. 01-09-2020

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On 25th August 2020, Central Board of Indirect Taxes and Customs (CBIC) has notified the Notification No. 63/2020 – Central Tax in which it has...