Clipped from: https://www.taxscan.in/penalty-cannot-be-solely-based-on-addition-without-proving-concealment-itat/162729/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penalty Top Stories By Rasheela Basheer – On March 22, 2022 2:34 pm The Income Tax Appellate Tribunal, Jaipur bench has held that the penalty under section
Day: March 23, 2022
Statement Recorded under Sec 133A by Themselves have no Evidentiary Value: ITAT Upholds Deletion of Additional Income–TAXSCAN
Clipped from: https://www.taxscan.in/statement-recorded-under-sec-133a-by-themselves-have-no-evidentiary-value-itat-upholds-deletion-of-additional-income/162922/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Sec%20133A Top Stories By Jwala K.P – On March 22, 2022 3:06 pm The Indore Bench of The Income Tax Appellate Tribunal ( ITAT ) has held that statement
No Addition on Income when the Assessee has Fully Explained and Substantiated Sources with the Documentary Evidences: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/no-addition-on-income-when-the-assessee-has-fully-explained-and-substantiated-sources-with-the-documentary-evidences-itat/162901/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Documentary%20Evidence Top Stories By Jwala K.P – On March 22, 2022 3:33 pm The Indore Bench of The Income Tax Appellate Tribunal ( ITAT ) has held that no
88% Indians use phone before bedtime, 59% went to bed past 11 pm: Wakefit survey – BusinessToday
Clipped from: https://www.businesstoday.in/latest/trends/story/88-indians-use-phone-before-bedtime-59-go-to-bed-past-11-pm-wakefit-survey-327092-2022-03-23 The survey titled ‘Wakefit’s Great Indian Sleep Scorecard (GISS) 2022’ showed that one in four Indians suffer from erratic sleep patterns. Around 38%
Dept failed to consider Reply to Income Tax Notice: Delhi High Court quashes Penalty
Clipped from: https://www.taxscan.in/dept-failed-to-consider-reply-to-income-tax-notice-delhi-high-court-quashes-penalty/163210/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Notice Top Stories By Taxscan Team – On March 23, 2022 6:30 am The Delhi High Court has ruled that a penalty order passed by the income-tax authority under
CBIC issues SoP for Scrutiny of GST Returns for FY 2017-18 and 2018-19–TAXSCAN
Clipped from: https://www.taxscan.in/cbic-issues-sop-for-scrutiny-of-gst-returns-for-fy-2017-18-and-2018-19/163269/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20Returns Top Stories By Rasheela Basheer – On March 23, 2022 9:07 am The Central Board of Indirect Taxes and Customs (CBIC) has issued a standard operating procedure (SoP) for the
Expenses towards Gifts purchased for Sales Promotion allowable as Income Tax Deduction Even If List of Recipients are not provided: ITAT–TAXSCAN
lipped from: https://www.taxscan.in/expenses-towards-gifts-purchased-for-sales-promotion-allowable-as-income-tax-deduction-even-if-list-of-recipients-are-not-provided-itat/163215/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=gift Top Stories By Rasheela Basheer – On March 23, 2022 7:20 am The Ahmedabad bench of the ITAT has held that the expenses towards gifts purchased
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