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Income Tax Chennai ITAT Deletes Interest Disallowance; No Notional Interest Can Be Imputed on Business Advances When Assessee Has Sufficient Own Funds Income Tax Chennai ITAT Quashes Section 263 Revision of Penalty Order; PCIT Cannot Revise Order That Has Merged with CIT(A)’s Appellate Decision Income Tax Chennai ITAT Deletes Demonetisation Addition; Cash Deposits Matching Audited Sales and VAT Returns Cannot Be Treated as Unexplained Income Tax Chennai ITAT Quashes Reassessment Where No Addition Was Made on the Recorded Reason for Reopening Income Tax Chennai ITAT Upholds Deletion of Ad Hoc Disallowances; GSTR-2A Is Strong Corroborative Evidence and Purchases Cannot Be Rejected Without Verification Income Tax Chennai ITAT Deletes ₹76.45 Lakh Addition; Once Source of Cash Is Proved, Revenue Cannot Rely on Suspicion About Its Temporary Utilisation Income Tax Chennai ITAT Quashes Reassessment Based Solely on AIR Information; Cash Deposits Must Be Examined with Reference to Business Turnover, Not Returned Income Income Tax Lucknow ITAT Deletes ₹1.31 Crore Addition on Cash Deposits by Bank Mitra; Holds Customer Deposits Cannot Be Taxed as Agent’s Income
Archive

Month: April 2020

1,652 articles
DGFTDGFT removed restrictions on export of 12 APIs and 12 formulations
DGFT

DGFT removed restrictions on export of 12 APIs and 12 formulations

Editor46 years ago
DGFTReg. Retrospective Issuance of Certificates of Origin under India’s Trade Agreements
DGFT

Reg. Retrospective Issuance of Certificates of Origin under India’s Trade Agreements

Editor26 years ago
Custom DutyAnti-Dumping Investigation of imports of Mono Ethylene Glycol from Saudi Arabia terminated
Custom Duty

Anti-Dumping Investigation of imports of Mono Ethylene Glycol from Saudi Arabia terminated

Editor26 years ago
Goods and Services TaxGST Covid-19 relief package, 7 GST notification Issued
Goods and Services Tax

GST Covid-19 relief package, 7 GST notification Issued

Editor6 years ago
Income TaxInsider trading in USA: Its evolution, current rules and other titbits
Income Tax

Insider trading in USA: Its evolution, current rules and other titbits

Subramanian Natarajan6 years ago
Corporate LawSupply of Medical Oxygen smooth and hassle-free
Corporate Law

Supply of Medical Oxygen smooth and hassle-free

Editor46 years ago
Corporate LawSCBA Creates New ‘SCBA Covid 19 Helpline Scheme’
Corporate Law

SCBA Creates New ‘SCBA Covid 19 Helpline Scheme’

Manish Kumar6 years ago
CA, CS, CMA
CA, CS, CMA

Impact of Coronavirus on Auditing of Financial Statements

Samaksh Rastogi6 years ago
Income Tax26 Income Tax Amendments by Finance Act 2020 we must know
Income Tax

26 Income Tax Amendments by Finance Act 2020 we must know

Shambhuling J Patil6 years ago
Corporate LawHomebuyers file plea in SC challenging IBC’s latest Amendments
Corporate Law

Homebuyers file plea in SC challenging IBC’s latest Amendments

SHWETA GUPTA6 years ago