A comprehensive guide to various scenarios and solutions for belated, revised, defective Income Tax Returns for FY 2022-23, including penalties and provisions under the Income Tax Act.
Analysis of C & E Limited Vs PCIT case on disallowance of deduction u/s 80IC in subsequent years. Examining the legality & Calcutta High Court’s decision.
Detailed analysis of CBDT office order, outlining constitution and functioning of Dispute Resolution Committee in line with e-Dispute Resolution Scheme, 2022.
Learn how to view and change the bank account selected for your income tax refund online. Follow step-by-step instructions to validate and nominate banks
ACIT Vs Ambika Enterprises (ITAT Delhi) In the legal case between ACIT (Assistant Commissioner of Income Tax) and Ambika Enterprises, ITAT Delhi provided insights into capital contributions made by partners in a firm. The focus is on whether any addition under section 68 could be made in the hands of the firm for capital contributions […]
In a case penalties were imposed by Ministry of Corporate Affairs for omitting email and phone details on a company’s letterhead under Companies Act, 2013.
Analysis of ITO vs Balwan Singh (ITAT Delhi) ruling. The case focuses on the amendment effective from 01.04.2023 about source verification for unsecured loans.
Explore the Tata Steel vs Union of India case in the Calcutta High Court that addresses whether quasi-judicial authorities can issue non-speaking orders. This judgement holds significance for matters related to GST, income tax, and similar acts.
Official notification of revised tariff values for edible oils, brass scrap, gold, silver, and areca nuts by the Ministry of Finance, India, on 14th Aug 2023
Discover pivotal case of Uttrakhand Poorv Sainik Kalyan Nigam Ltd. vs ITO, where ITAT Dehradun established that Section 142(1) and 148 cannot operate simultaneously, leading to quashing of reassessment proceedings.