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Income Tax Reopening Merely for Verification Invalid; Supreme Court Dismisses Revenue SLP Income Tax Reopening Merely to Verify Documents Without Reason to Believe Invalid: Bombay HC Corporate Law Audit Objection Cannot Reopen Assessment on Issues Already Examined by AO: Bombay HC Income Tax Addition Beyond Limited Scrutiny Scope Without Prior Approval Unsustainable: ITAT Delhi Income Tax ₹2.48 Crore Section 68 Addition Deleted as Bank Credits From Money Transfer Business Explained: ITAT Mumbai Income Tax Excess Stock Forming Part of Business Stock Cannot Be Treated as Section 69 Income: Andhra Pradesh HC Income Tax Section 115BBE Not Applicable When Excess Stock Is Traceable to Business Income: ITAT Chandigarh Income Tax Section 271AAB Penalty Notice Must Specify Applicable Limb: ITAT Chennai
editor7

editor7

Contributing Author
Name: editor7 Qualification: Graduate Location: Mumbai, Maharashtra, India Articles Published: 2,109 Total Views: 6,259,186
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Company LawVictor Impex Limited Penalized for late-filing of Financial Statement
Company Law

Victor Impex Limited Penalized for late-filing of Financial Statement

editor73 years ago
Fema / RBI
Fema / RBI

Draft Licensing Framework for Authorised Persons (APs) under FEMA

editor73 years ago
Income TaxAdvance Tax Payment Due Dates: When do you have to pay it?
Income Tax

Advance Tax Payment Due Dates: When do you have to pay it?

editor73 years ago
Goods and Services TaxGST on Education: Rates, Exemptions & Implications
Goods and Services Tax

GST on Education: Rates, Exemptions & Implications

editor73 years ago
Company LawTulsi Extrusions Limited Penalized for late-filing of annual return
Company Law

Tulsi Extrusions Limited Penalized for late-filing of annual return

editor73 years ago
Income TaxFaceless Appeal Scheme 2021 in India
Income Tax

Faceless Appeal Scheme 2021 in India

editor73 years ago
Company LawSRBC & Co. LLP Audit Inspection Report 2022: NFRA Findings Revealed
Company Law

SRBC & Co. LLP Audit Inspection Report 2022: NFRA Findings Revealed

editor73 years ago
FinanceGovernment’s Action Plan to Combat Ponzi Scams
Finance

Government’s Action Plan to Combat Ponzi Scams

editor73 years ago
Fema / RBI
Fema / RBI

Submission of return on issuance of bank guarantees for Trade Credits on CIMS

editor73 years ago
Fema / RBI
Fema / RBI

Rupee Drawing Arrangement: Submission of statement/return on CIMS Portal

editor73 years ago
Company LawShayona Petrochem Limited Penalized for late-filing of Financial Statement
Company Law

Shayona Petrochem Limited Penalized for late-filing of Financial Statement

editor73 years ago
Corporate LawIBBI Suspends IP for conducting auctions in an improper manner
Corporate Law

IBBI Suspends IP for conducting auctions in an improper manner

editor73 years ago
Corporate LawIBBI Circular: Insolvency Professionals’ Declarations – Form C Clarification
Corporate Law

IBBI Circular: Insolvency Professionals’ Declarations – Form C Clarification

editor73 years ago
Fema / RBI
Fema / RBI

Foreign Exchange Management (Manner of Receipt & Payment) Regulations, 2023

editor73 years ago