Month: July 2025
1,794 articlesCA, CS, CMA
CA, CS, CMA
CA Reprimanded by ICAI Disciplinary Committee for issuing unverified certificate
Income Tax

Income Tax
Jurisdictional objection rejected as Assessee failed to prove address change or prior filing: ITAT Ahmedabad
Custom Duty

Custom Duty
Penalty u/s. 112(a) of Customs Act on CHA unwarranted as active collusion not proved
Income Tax

Income Tax
No tax leviable in India for salary income for services rendered in China
Custom Duty

Custom Duty
Penalty u/s. 114 for attempting smuggling of Red Sander woods unwarranted due to lack of valid evidences
Custom Duty

Custom Duty
Recovery proceedings by Customs authority untenable without cancellation of MEIS license by DGFT
Income Tax

Income Tax
No addition towards unexplained cash credit u/s. 68 post rejection of books of accounts
Income Tax

Income Tax
Lower tax of 10% on sale of unlisted share allowed even in absence of filing claim via revised return
Income Tax

Income Tax
Discrepancy in ROC records cannot be reason for treating sale of shares as sham transaction
Income Tax

Income Tax
