Parag Desai Vs Addl. CIT (ITAT Indore) - The Assessee was a significant shareholder in a company - The company sold building to shareholder on credit - Department treated it as 'loan' or 'advance' for invoking Section 2(22)(e). CIT(A) upheld the addition on the ground that since the unpaid purchase price has not been paid...Read More
Navbharat Powerloom Cooperative Society Vs ITO (ITAT Indore) - We found that assessee's case is squarely covered by the decision of Mumbai Bench in the case of B.D. Leasing and Finance Limited, (2013) 49(II) ITCL 148, wherein it was held that penalty u/s 271B for non-filing of tax audit report cannot be levied in view of the CBDT Circular No.9/2006 dated 10.10....Read More
Parag Desai Vs Addl. CIT (ITAT Indore) -
Navbharat Powerloom Cooperative Society Vs ITO (ITAT Indore) -
Do you think #GST Council should provide option to Revise Form GSTR-3B?— Tax Guru (@taxguru_in) November 13, 2017
Please Comment, Like, Vote and Retweet the Poll.