Follow Us:

Archive: 20 September 2023

Posts in 20 September 2023

No Income Tax Addition for Assessee Proving Source of Cash Deposits During Demonetization

September 20, 2023 2361 Views 0 comment Print

Read the detailed analysis of DCIT Vs Bhanu Infrabuild Pvt Ltd (ITAT Delhi) case. No income tax addition if source of cash deposits during demonetization is proven.

ITAT Deletes Addition: AO Can’t Curtail Expenditure Without Evidence of Fraud

September 20, 2023 912 Views 0 comment Print

Trak Services (P) Ltd. vs. ITO (ITAT Delhi) – Analysis of ITAT’s order deleting addition on sale consideration of shares. AO’s role and legal references discussed.

Delay in Govt Auditor’s Audit Report Doesn’t Deny U/S 80P Deduction

September 20, 2023 1767 Views 0 comment Print

Uttam Dairy Staff Co-operative Credit & Supply Society vs. AO – ITAT Ahmedabad upheld deduction under Section 80P despite delayed filing due to Govt. Auditor. Analysis here.

ITAT Deletes Section 69B Addition: Crane Cost Inflation for Loan Facility

September 20, 2023 429 Views 0 comment Print

Read how ITAT Mumbai ruled in favor of KVR Infra in a case involving inflated cost of a crane in an agreement for higher banking loan. Detailed analysis here.

CESTAT Upholds Redemption Fine and Penalty for Import License Non-Compliance

September 20, 2023 765 Views 0 comment Print

Read about the CESTAT Kolkata case Commissioner of Customs vs. S N Enterprises. Find out why the redemption fine and penalty were upheld under the Customs Act.

Allahabad HC Directs GST Department: Allow Form ITC-01 Filing

September 20, 2023 1878 Views 0 comment Print

Allahabad High Court’s judgment in Anupam Electricals and Electronics vs. State of U.P. grants relief to the petitioner for filing Form ITC-01 to claim Input Tax Credit (ITC)

Pre-fabricated shelters, tower, tower material are eligible for CENVAT Credit

September 20, 2023 1083 Views 0 comment Print

CESTAT Chandigarh quashes denial of Cenvat Credit on input, input services, capital goods for Tower Vision India Pvt Ltd. Analysis of the ruling.

ITC Denied Despite GSTR 2A? Kerala HC’s Landmark Ruling

September 20, 2023 29001 Views 2 comments Print

Explore Diya Agencies vs. State Tax Officer case where Kerala High Court remanded ITC denial due to GSTR 2A non-reflection. Legal analysis and implications discussed.

Unlocking Economic Growth: Intellectual Property Financing in India

September 20, 2023 1500 Views 0 comment Print

Explore growth of IP financing in India, DPIIT’s plans to strengthen IP financing, and insights from Singapore’s success. Discover economic impact of IP valuation and financing.

Tax Issues in Business Reorganization: Analysis & Insights

September 20, 2023 3018 Views 0 comment Print

Discover tax challenges in business reorganization, income tax analysis, case rulings, and expert insights on navigating complex issues for successful mergers and acquisitions.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031