Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Don’t miss the Sep 30 deadline to update Mutual Fund (MF) folio nominations. Learn the process, importance, and consequences of not adding nominees.
Learn about GST Section 161 for error rectification in records. Discover what constitutes errors, who can rectify them, and the associated time limits. Get clarity now!
In this article, we discuss case of Hasmukh Kanjibhai Tadhani Vs ITO (ITAT Surat) involving cash deposits during demonetization, with detailed analysis and outcome
Cash deposited during demonetization can’t be unexplained if taxpayer has a history of cash sales and no discrepancies found in books.
Read Supreme Court judgment in Sree Durga Distributors vs. State of Karnataka on taxation of dog and cat feed under Entry 5 of Karnataka VAT Act.
ITAT Chennai directs AO to accept 50% of cash deposits as sale proceeds and balance as unexplained money in J. Kalappa Naidu Sons’ case vs. ITO.
Discover ITAT Surat’s decision in Keshri Export vs. ITO case for Assessment Year 2017-18. Learn why rejection of entire books of account was considered unnecessary
Kerala High Court quashes Income Tax Act Section 148A notice and order, citing absence of a reasonable opportunity for petitioner to be heard
In a significant ruling, ITAT Delhi states that no disallowance under Section 14A read with Rule 8D can be made if no exempt income was earned in previous year.
Explore Bodal Chemicals Ltd vs. C.C.E. & S.T. case where CESTAT Ahmedabad remands matter pending a Supreme Court decision on Cenvat credit for exempted goods.
