Month: June 2022
1,514 articlesIncome Tax
Income Tax
Lease Rental cannot be allowed on container shown in books as assets, depreciation allowed
Income Tax
Income Tax
ITAT Deletes Addition for failure of Revenue to Provide Cross-Examination of Witness
Income Tax
Income Tax
ITAT deletes arbitrary & highly immaterial addition for undervaluation of stock
Income Tax
Income Tax
Citizenship cannot be decided based on Definition of ‘Resident’ under Income Tax Act
Custom Duty
Custom Duty
Boats imported for Tourism are Excursion Boats & classifiable under CTH 8901
Income Tax
Income Tax
CIT cannot invoke revisionary powers to impose his own understanding of extent of inquiry
Goods and Services Tax
Goods and Services Tax
No penalty without giving opportunity of hearing to assessee
Income Tax
Income Tax
No Section 40(a)(ia) disallowance when TDS been deducted & paid before due date of filing of return
Income Tax
Income Tax
ITAT remanded back penalty proceedings to AO for denovo adjudication as quantum was also referred back to him
Income Tax
Income Tax
