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Archive: 26 October 2023

Posts in 26 October 2023

Covid 19 & mere 2 days to reply notice is reasonable cause: Section 271(1)(b) deleted

October 26, 2023 510 Views 0 comment Print

Explore case of Manjeet Kaur vs ITO, where a penalty under Section 271(1)(b) was contested due to a reasonable cause amid Covid-19. Full ITAT Jaipur order analysis.

SC Upholds Charitable Status of Water and Land Management Institute

October 26, 2023 375 Views 0 comment Print

The Supreme Court of India reaffirms charitable status for Water and Land Management Training and Research Institute, ensuring environmental protection.

Nature of Land at Agreement Time Determines Agricultural or Industrial Classification

October 26, 2023 603 Views 0 comment Print

The ITAT Delhi directs re-evaluation of the nature of sold land in the Chander Mani Sharma Vs ITO case, emphasizing the importance of the sale deed for determining agricultural status.

ITAT Declares Assessment Void Due to Non-Existent Entity

October 26, 2023 369 Views 0 comment Print

In a significant ruling, ITAT Ahmedabad declares an assessment order void, passed in the name of a non-existent entity after a court-approved amalgamation.

Change of CA Leading to Non-Receipt of Notices: ITAT Directs Re-Adjudication

October 26, 2023 396 Views 0 comment Print

In Narayan Dattarao Giram Vs ITO, ITAT Pune grants the assessee another chance due to a Chartered Accountant change resulting in non-receipt of notices.

Draft format Appeal of summary of the order DRC 07

October 26, 2023 6291 Views 0 comment Print

Explore the summary of order DRC-07 issued by the Office of the Assistant Commissioner of Commercial Taxes, detailing tax demands and implications for M/s Raja Likshmi Engg Works.

Understanding Mutual Funds: Your Comprehensive Guide

October 26, 2023 1305 Views 0 comment Print

Investors of all levels can benefit from mutual funds. This comprehensive guide details understanding, benefits, risks and informed investment decisions. Invest for your financial goals!

Delhi HC Orders Re-Adjudication as Khadi Yarn Sale Income already offered to Tax

October 26, 2023 96 Views 0 comment Print

Delhi High Court orders re-adjudication for Assessment Year 2019-20, regarding income from the sale of khadi yarn, emphasizing verification of additional documents.

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