Day: June 12, 2023
🙏Bombay High Court –Division Bench decision–IGST provisions related to intermediary services — Issue still to be decided who will levy the tax? Courtesy BusinessLine 8.6.23
Issue — one of the petitioners–a proprietary firm , offers marketing and promotion services to foreign customers who are into manufacture and / or sale
Material Found from Premises of Third Parties cannot be Utilized against Assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT
Read More: https://www.taxscan.in/material-found-from-premises-of-third-parties-cannot-be-utilized-against-assessee-for-making-assessment-u-s-1433-r-w-s-153a-of-it-act-itat/286567/ Material Found from Premises of Third Parties cannot be utilized against assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT
👍👍👍👍👍Deduction u/s 80P(2)(d) available to co-operative society towards interest earned from co-operative banks
https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html University of Agricultural Vs ACIT (ITAT Bangalore) ITAT Bangalore held that assessee, being a employees housing co-operative society, is eligible for deduction