Follow Us :

Archive: 16 June 2024

Posts in 16 June 2024

Appellate Authority shall consider request for waiver of pre-deposit under AGST Act, 1993: Gauhati HC

June 16, 2024 576 Views 0 comment Print

Gauhati High Court directs Appellate Authority to decide on waiver request for 25% pre-deposit under Assam General Sales Tax Act within 6 months.

Suspension of Commercial Tax Officer Based on News Report: HC Directs Non-Enforcement of Order

June 16, 2024 444 Views 0 comment Print

Read the detailed Karnataka High Court judgment on suspension orders issued to Commercial Tax officers following allegations of illegal gratification. Full analysis and implications discussed.

NCLT directs repayment of preferential payment made to certain creditors

June 16, 2024 477 Views 0 comment Print

NCLT Mumbai ruling: Fraudulent intent is unnecessary for transactions under Section 43 of IBC, based on Ankur Kumar vs. Jitendra Kikavat & others case.

Interest from SBI Investments Ineligible for Section 80P(2)(a)(i) Deduction

June 16, 2024 501 Views 0 comment Print

ITAT Bangalore rules interest income from SBI investments not eligible for deduction under Section 80P. Full analysis of Farmers Coop Society vs ITO case.

ITAT Kolkata Grants section 80G(5)(iii) registration to Income Tax Bar Association

June 16, 2024 300 Views 0 comment Print

ITAT Kolkata grants exemption registration to Income Tax Bar Association Calcutta, overturning CIT’s decision. Read the full details of the tribunal’s order here.

RPM is most appropriate method When No Value Addition Before Resale

June 16, 2024 819 Views 0 comment Print

ITAT Delhi rules RPM as the best method for benchmarking solar goods purchases in the D Light Energy P. Ltd. vs Assessing Officer case. Read the detailed analysis.

Income Tax Notices Sent to Old Address Without Evidence of Service: ITAT Deletes Section 271(1)(b) Penalty

June 16, 2024 2136 Views 0 comment Print

Read the detailed analysis of Sumit Maheshwari Vs ITO case where ITAT Delhi deletes penalty u/s 271(1)(b) of Income Tax Act due to failure in serving notice.

Section 80P(2)(d) deduction not eligible on Interest Income from KDCC Bank

June 16, 2024 591 Views 0 comment Print

Read the detailed analysis of Laxminarayana Suvarna Credit Co-operative Society Ltd. Vs ITO (ITAT Bangalore) on the eligibility of interest income from KDCC Bank for deduction under Section 80P(2)(a)(i) of the Income Tax Act.

Madras HC Sets Aside Demand Order on Rs. 2L Pre-deposit Condition, directs Fresh adjudication

June 16, 2024 282 Views 0 comment Print

Explore the Madras High Court judgment where GST returns were not filed due to COVID-19, leading to interest liability challenges. Read the detailed analysis and conclusions here.

Inadvertent error while filling GSTR 3B returns: HC directs fresh assessment order

June 16, 2024 555 Views 0 comment Print

Madras High Court sets aside GST liability order on non-payment under RCM, highlighting principles of natural justice and a 10% pre-deposit requirement.

Search Post by Date
June 2024
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930