https://taxguru.in/income-tax/reassessment-proceeding-initiated-after-6-years-is-not-valid-department-must-prove-dispatch-of-notice.html M/s Ardent Steel Limited, Vs ACIT (Chhattisgarh High Court) A focused glance of the Section 149 provision would show that the maximum time limit
Author: Anil R Tikotekar
👌👌👌👌👌👌👌Reassessment after 4 years not valid If Assessee Made Full & True Disclosure during original assessment
https://taxguru.in/income-tax/reassessment-4-years-valid-assessee-full-true-disclosure-original-assessment.html Ranjana Aggarwal Vs ITO (ITAT Delhi) When the original assessment is completed u/s 143(3) and the reassessment proceedings have been initiated after a period
👌👌👌👌👌👌👌Reassessment order quashed as mandatory requirement of notice u/s. 143(2) not complied
https://taxguru.in/income-tax/reassessment-order-quashed-mandatory-requirement-notice-u-s-143-2-complied.html Anand Sawroop Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that reassessment order under section 147 of the Income Tax Act cannot be passed without
👌👌👌👌👌👌👌Calcutta HC Stays Section 148 Notice in Anup Kumar Case
https://taxguru.in/income-tax/calcutta-hc-stays-section-148-notice-anup-kumar-case.html Anup Kumar Agarwal Vs Union of India & Ors. (Calcutta High Court) In the case of Anup Kumar Agarwal Vs. Union of India & Ors., the
👌👌👌👌👌👌👌Rajasthan HC Quashes Reassessment Order in Search Case
https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Clipped from: https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Shiv Vegpro Private Limited Vs Deputy / Assistant Commissioner Of Income Tax (Rajasthan High Court) In the case of Shiv Vegpro Private Limited
👌👌👌👌👌December 2024 Tax Compliance Deadlines for Income Tax and GST
Clipped from: https://taxguru.in/goods-and-service-tax/statutory-tax-compliance-tracker.html The tax compliance calendar for December 2024 outlines crucial deadlines under the Income Tax Act, 1961, and GST regulations. Key income tax deadlines
👌👌👌👌👌👌👌Lifting of Bank Account Attachment under GST: SC Ruling Explained
Clipped from: https://taxguru.in/goods-and-service-tax/lifting-bank-account-attachmentsc-gst-ruling-explained.html RHC Global Exports Private Limited & Ors. Vs Union of India & Ors. (Supreme Court of India) In the case of Rhc Global Exports
👌👌👌👌👌Key Changes in GST Annual Return for FY 2023-24: Input Tax Credit Mismatch Risks
Clipped from: https://www.taxscan.in/one-change-in-table-8a-of-gstr-2a-check-now-or-might-ruin-your-itc-claims-in-gst-annual-return-gstr-9/460830/ The Goods and Services Tax ( GST ) Annual Return GSTR-9 for FY 2023-24 has introduced significant changes, particularly in how Input Tax
👌👌👌👌👌ITAT deletes addition on alleged Bogus LTCG due to procedural lapses and denial of cross-examination
Clipped from: https://www.taxscan.in/itat-deletes-addition-on-alleged-bogus-ltcg-due-to-procedural-lapses-and-denial-of-cross-examination-rights/460725/ In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the additions related to alleged bogus
👌👌👌👌👌Importance of GSTR 9 and 9C in GST – Pronounced by Judiciary
Clipped from: https://taxguru.in/goods-and-service-tax/importance-gstr-9-9c-gst-pronounced-judiciary.html Summary: GSTR 9 and GSTR 9C are crucial components of GST compliance, consolidating annual business transactions and reconciling financial data. While GSTR 9 is
आवश्यक 👌👌👌👌👌Cost Inflation Index (CII): Meaning, Table, Calculation – IndiaFilings
Clipped from: https://www.indiafilings.com/learn/cost-inflation-index/ Last updated: September 16th, 2024 12:48 PM “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.”The Cost Inflation
👌👌👌👌👌👌👌Reassessment quashed as reasons supplied to assessee & to higher forum were not same
Clipped from: https://taxguru.in/income-tax/reassessment-quashed-reasons-assessee-higher-forum-exact.html Nvidia Graphics Pvt. Ltd. Vs ACIT (ITAT Bangalore) ITAT Bangalore held that when the reasons supplied to the assessee and the reasons supplied
👌👌👌👌👌Medical condition not sufficient cause for inordinate delay of four years in filing appeal: Kerala HC
Clipped from: https://taxguru.in/goods-and-service-tax/medical-condition-sufficient-inordinate-delay-years-filing-appeal-kerala-hc.html Baiju George Vs Commissioner of Goods And Service Taxes Department (Kerala High Court) Kerala High Court held that inordinate delay of four years
👌👌👌👌👌GST assessment order served to old address is not valid service of order: Madras HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-assessment-order-served-address-valid-service-order-madras-hc.html Zest Buildtek Promotors Vs Deputy Commissioner of GST & Central Excise (Madras High Court) Madras High Court held that assessment order served to
👌👌👌Q2 GDP Growth Data 2024: India’s growth rate dipped to 5.4% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-shocker-growth-rate-dipped-to-54/article68926855.ece Real GVA increased by 5.6 per cent in Q2 of FY25, down from 7.7 per cent growth rate in Q2 of the previous
👌👌👌👌👌Q2 growth disappointing but 6.5% GDP target for FY25 ‘not in danger’, says CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/q2-growth-disappointing-but-65-gdp-target-for-fy25-not-in-danger-says-cea/article68928133.ece It is too early to extrapolate to full fiscal GDP growth figure, says Nageswaran Chief Economic Advisor V Anantha Nageswaran on Friday described
👌👌👌GDP growth hits 7-quarter low of 5.4% in Q2 as manufacturing slows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-shocker-economic-growth-hits-7-quarter-low-of-54-in-july-sept-period/article68927976.ece Weak corporate numbers, demand drop, inflation to blame, too; not alarming: CEA India’s growth in the July-September quarter (Q2 of FY25) slowed to
Cover for Month-long Road Trips Abroad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/insurance-query-cover-for-month-long-road-trips-abroad/article68926119.ece For a month-long road trip across Europe, choose travel insurance with car rental coverage, including liability, collision damage waiver and personal accident protection