Infosys BPM Limited Vs JCIT (ITAT Bangalore) Order of assessment framed in the name of a non nonexistent entity after it ceased to be a subsisting entity, was ab-initio initio void and therefore, null in the eyes of law. On similar facts and circumstances of the case and law applicable, the ITAT, Bangalore bench in […]
[Case No. AD (SSR) 19/2021] Initiation of Sunset Review Investigation concerning imports of Polytetrafluoroethylene (PTFE) originating in or exported from China PR.
As per the data submitted by the SLA regarding the surveys performed by the surveyors, some of the surveyors have performed the survey work in areas for which they do not hold the license.
The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP) has been notified to be 31.12.2021, in supersession of any such provision in the Hand Book of Procedures, 2015-20 going forward. Further, the validity of any scrip issued under FTP from the date […]
Furnishing of evidence of claims by employee for deduction of tax under section 192 for the FY 2021-22 and AY 2022-23. (For Assessees other than those who opted for New Tax Regime)
Office Order No. 245 of 2021 In continuation of CBDT’s Office Order No. 137 dated 23.08.2018 and subsequent respective orders for extending ad-hoc appointment to the grade of Assistant Commissioner of Income Tax, the President is pleased to extend the ad-hoc appointments of the following Assistant Commissioners of Income Tax from 23.08.2021 to 22.08.2022 or till their regular promotion. whichever is earlier:-
Case No. AD (SSR)–18/2021 Initiation of sunset review investigation concerning imports of Hydrogen Peroxide originating in or exported from Bangladesh and Thailand.
On behalf of department, application is opposed submitting that accused have utilized and availed fraudulent ineligible ITC to the tune of Rs 15 crates as such committed a serous economic offence.
Fenner (India) Limited Vs ACIT (Madras High Court) In the light of the fact that the assessee has already availed the benefit under Direct Tax Vivad Se Vishwas Act, 2020, no useful purpose would be served in keeping the appeal pending. At the same time, the interest of the assessee in the event the order […]
DCIT Vs Sutham Electric Ltd. (ITAT Pune) The solitary issue in the present case relates to the allowability of the expenditure incurred on development of Tools and Designs which are used in the business and manufacturing of automotive switch gears of Rs.3,75,00,000/- as revenue expenditure. This expenditure was shown as deferred revenue expenditure written off […]
