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Blog, News, Income Tax

August 1, 2023

ITAT Directs AO to Allow Credit of Tax Deducted on Property Sale Despite Buyer not Depositing it with Govt.

Case Details: Rajesh Dadu v. … Continue reading “ITAT Directs AO to Allow Credit of Tax Deducted on Property Sale Despite Buyer not Depositing it with Govt.”

News, Blog, Income Tax

August 1, 2023

Assessee’s Return Accepted if AO Doesn’t Pass Timely Order After ITAT Remanded Matter Back to Him | HC

Case Details: Aricent Technologies (Holdings) … Continue reading “Assessee’s Return Accepted if AO Doesn’t Pass Timely Order After ITAT Remanded Matter Back to Him | HC”

Blog, News, GST & Customs

August 1, 2023

Calcutta HC Stayed Garnishee Order Passed for Recovery of Interest Before Expiry of 3 Months of Filing the Appeal

Case Details: Liakhat Ali Mallick … Continue reading “Calcutta HC Stayed Garnishee Order Passed for Recovery of Interest Before Expiry of 3 Months of Filing the Appeal”

Blog, News, GST & Customs

August 1, 2023

[Opinion] Distribution of Common Credits and Internally Generated Services – The Enigma Continues?

Hardik Gandhi, Darshan Savla & … Continue reading “[Opinion] Distribution of Common Credits and Internally Generated Services – The Enigma Continues?”

Blog, News, Account & Audit

July 31, 2023

Determining the Point of Asset Capitalization – A Dispute Between Company Management and Auditors

The date or point when … Continue reading “Determining the Point of Asset Capitalization – A Dispute Between Company Management and Auditors”

News, Blog, GST & Customs

July 31, 2023

ITC not Allowed if GST Registration of Seller was Cancelled & Tax was not Paid to Ex-chequer | Madras HC

Case Details: Jai Balaji Paper … Continue reading “ITC not Allowed if GST Registration of Seller was Cancelled & Tax was not Paid to Ex-chequer | Madras HC”

Blog, News, GST & Customs

July 31, 2023

High Court Rules Against Retrospective Cancellation of GST Registration Due to Non-Filing of Returns

Case Details: Ashish Garg v. … Continue reading “High Court Rules Against Retrospective Cancellation of GST Registration Due to Non-Filing of Returns”

News, Blog, Income Tax

July 31, 2023

[Opinion] An In-depth Analysis of Expanded ‘Angel Tax’ Provisions

Ashutosh Mohan Rastogi, Dhruv Seth … Continue reading “[Opinion] An In-depth Analysis of Expanded ‘Angel Tax’ Provisions”

Blog, News, Income Tax

July 31, 2023

CBDT Notifies SOP for Making Application for Recomputation of Income of Co-operative Society u/s 155

Circular No 14 of 2023, … Continue reading “CBDT Notifies SOP for Making Application for Recomputation of Income of Co-operative Society u/s 155”

Blog, News, Insolvency and Bankruptcy Code

July 31, 2023

NCLT Rightly Rejected CIRP Plea of OC as There was a Pre-existing Dispute Between the Parties | NCLT

Case Details: Law & Kenneth … Continue reading “NCLT Rightly Rejected CIRP Plea of OC as There was a Pre-existing Dispute Between the Parties | NCLT”