Govt notifies amendment in Courts for trial of cases under PMLA in Telangana vide notification No. S.O. 4042(E) dated: 16th August, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 16th August, 2022 S.O. 4042(E).—In exercise of the powers conferred by sub-section (1) of section 43 of the Prevention of Money – laundering […]
Circular No. 13/2022-Customs – CBIC issued revised Guidelines for Arrest and Bail in relation to offences punishable under Customs Act, 1962
ITAT held that held that the profit element involved in the bogus purchases should be brought to tax and upheld the addition of estimated profit element of 12.50% of the value of non-genuine purchases.
Legislature has nowhere incorporated that the lands re-purchased in section 54B deduction claim have to be agricultural on re-investment date
Appeal dismissed for technical lapse as Legal heir did not register himself as representative assessee along with PAN of deceased assessee
No service tax on composite works contract services of supply of goods/deemed supply of goods & services under any head before 1.6.2007
If no incriminating material found during Income Tax search in respect of an issue, no addition for such issue can be made Sections 153A/153C
PLA deposits are deposits for utilisation in future & same is not duty to attract limitation provision of section 11B of Central Excise Act
Asessee has failed to appear on 8 occasions before the ld. CIT(A). Conduct of assessee is clogging justice delivery system. Hence, ITAT directed the assessee to pay Rs.10,000/- to Prime Minister’s National Relief Fund
The Central Bureau of Investigation has arrested a Girdawar (Revenue Department Official equivalent to Kanungo), Miran Sahib, District Jammu for demanding & accepting bribe
