Sponsored
    Follow Us:

Archive: 01 July 2022

Posts in 01 July 2022

Addition justified for Sham Transaction of receipt of donation

July 1, 2022 390 Views 0 comment Print

ITAT held that transaction of receipt of donation is a sham, a make believe story, a device adopted by appellant society to bring on record undisclosed income

No Service tax on Reimbursement of ‘Office Expenses’

July 1, 2022 606 Views 0 comment Print

Explore the CESTAT Bangalore order on Manav Marketing Pvt. Ltd. service tax issue. Analysis of machine commissioning charges, office expenses, and commission. Full text included.

Services for sports facilities owned by State not chargeable to service tax

July 1, 2022 1077 Views 0 comment Print

Explore the CESTAT Delhi order on Shiv Naresh Sports Pvt. Ltd. service tax dispute. Analysis of sports facility services, commercial construction, and implications. Full text included.

Assessment Order passed before Due Date of Submission of Documents violates Principle of Natural Justice

July 1, 2022 369 Views 0 comment Print

AO issued a notice dated 3.2.2022 by which petitioner was asked to furnish relevant documents on or before 10.02.2022 and without waiting for the response by the petitioner AO on 04.02.2022 passed the assessment order which is in violation of the principle of natural justice.

Foreign Exchange Fluctuation in Current Assets & Liabilities allowable

July 1, 2022 2673 Views 0 comment Print

Dive into the ITAT Ahmedabad order on DCIT vs. Ambalal Sarabhai Enterprises Ltd. Understand the dispute over foreign exchange difference claims, accounting standards, and tax implications.

HC stays Income tax demand & penalty made in contravention of NCLT order

July 1, 2022 393 Views 0 comment Print

Petitioner states that impugned order and consequential notices of demand and penalty raising a demand of income tax amounting to Rs. 48 crores are in complete contravention of the order passed by NCLT

‘Conduct of Accused’ is Relevant to decide Application for Interim Compensation

July 1, 2022 2091 Views 0 comment Print

Explore the legal intricacies of V. Krishnamurthy vs. Diary Classic Ice Creams in Karnataka High Court. Analysis of interim compensation order under Section 143A of the Negotiable Instruments Act.

Refund TDS to Corporate Debtor Undergoing Liquidation: NCLT

July 1, 2022 540 Views 0 comment Print

Explore the NCLT Mumbai order in Divyesh Desai case against DCIT Mumbai, directing the refund of TDS totaling Rs. 93,81,464 to the Corporate Debtor Company.

FCRA: Disclosure not required for Receipts From Relatives abroad Upto Rs 10 Lakhs Per Year

July 1, 2022 1332 Views 0 comment Print

Vide oreign Contribution (Regulation) Amendment Rules, 2022 – Central Government exempts from disclosure Foreign Receipts From Relatives Abroad Upto Rs 10 Lakhs Per Year. Earlier the limit was Rs. one Lakh.  Also Read: Govt makes FCRA offences under Sections 35, 37, 3, 11 compoundable MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 1st July, 2022 G.S.R. […]

जीएसटी – सफर पाँच वर्षों का – एक समीक्षा

July 1, 2022 3168 Views 0 comment Print

लेखक ने इस आलेख के माध्यम से जीएसटी के पाँच वर्ष पूर्ण होने पर पाँच सुविधाओं, पाँच समस्याओं और पाँच सुझाओं को सरकार तक पहुँचाने की कोशिश की है ।

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031