Day: October 28, 2024
54 articlesGoods and Services Tax

Goods and Services Tax
Weekly Newsletter from CBIC Chairman dated 28th October, 2024
Corporate Law

Corporate Law
Ex-Central Bank Chairman was discharged in case of credit misuse of amounting to Rs. 436.74 crores
Income Tax

Income Tax
‘Income from leasing of property’ was ‘Income From Business” not “Income from House property”
Custom Duty

Custom Duty
Proceedings against CHA not justified as CHA not required to verify genuineness of IE code of client
Income Tax

Income Tax
Addition untenable as decentralized grants routed through assessee is not actually accrued or arisen
Income Tax

Income Tax
Goodwill is an intangible asset which is eligible for depreciation: Delhi HC
Income Tax

Income Tax
Addition towards bogus purchases based on suspicion, surmises and unverified information unjustified
Income Tax

Income Tax
No disallowance u/s. 43B for unpaid GST as deduction not routed through P&L: ITAT Ahmedabad
Income Tax

Income Tax
Cash withdrawals satisfactorily explained through documents cannot be added u/s. 69A
Income Tax

Income Tax
Penalty u/s. 271(1)(c) rightly set aside as AO not clear about applicability of particular limb
Income Tax

Income Tax
Revisionary jurisdiction not sustained as AO took plausible and legally valid view: ITAT Ahmedabad
Corporate Law

Corporate Law
