Bashir Ahmad Sofi Nowhatta Vs ITO (ITAT Amritsar) Admittedly, the lower authorities have passed orders ex parte qua the assessee in violation of principles of natural justice,
Category: Five Star
👍👍👍👍👍Ex-parte order unjustified as revenue failed to carry out primary duty post non-service of notice
Read more at: https://taxguru.in/income-tax/ex-parte-order-unjustified-revenue-failed-carry-primary-duty-post-non-service-notice.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/income-tax/ex-parte-order-unjustified-revenue-failed-carry-primary-duty-post-non-service-notice.html Stanton Capital (India) P Ltd. Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that post non-service of notice, revenue
👍👍👍👍👍No penalty if no intention to evade service tax & for tax paid before issue of notice
Read more at: https://taxguru.in/service-tax/penalty-intention-evade-service-tax-tax-paid-issue-notice.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/service-tax/penalty-intention-evade-service-tax-tax-paid-issue-notice.html Assam Company India Limited Vs Commissioner of Service Tax (CESTAT Kolkata) Revenue has not brought any evidence to
👍👍👍👍👍Section 271B Penalty Sustained even where Books of Accounts Not Maintained at all
Read more at: https://taxguru.in/income-tax/section-271b-penalty-sustained-books-accounts-maintained.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/income-tax/section-271b-penalty-sustained-books-accounts-maintained.html Rakesh Kumar Jha Vs ITO (ITAT Ranchi) Assessee has been running the business of imparting tuition classes. As
👍👍👍👍👍Non receipt of Notices: HC quashes Order of Maharashtra Sales Tax Tribunal
Clipped from: https://taxguru.in/goods-and-service-tax/non-receipt-notices-hc-quashes-order-maharashtra-sales-tax-tribunal.html Kirloskar Oil Engines Ltd. Vs State of Maharashtra and Ors. (Bombay High Court) Heard learned Counsel for the parties. 2. By this Petition,
🙏🙏🙏🙏🙏Reverse mortgage: A boon for the elderly – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reverse-mortgage-a-boon-for-the-elderly/article66827810.ece This instrument provides a valuable income stream for the retired, but more needs to be done to popularise it In India, older citizens
उद्योग-व्यवसायाचे उत्पन्न आणि प्राप्तिकर कायद्यातील तरतुदी | business income and provisions of income tax | Loksatta
Clipped from: https://www.loksatta.com/business/personal-finance/business-income-and-provisions-of-income-tax-print-eco-news-ssb-93-3640250/ ज्या करदात्यांच्या उत्पन्नात ‘उद्योग-व्यवसायाच्या उत्पन्ना’चा समावेश आहे अशांना प्राप्तिकर कायद्यानुसार काही अशा तरतुदींचे अनुपालन करावे लागते जे इतर उत्पन्नासाठी करावे लागत नाही. X
👍👍👍👍👍IBC: Section 9 petition cannot be dismissed merely because some invoices are time barred
Clipped from: https://taxguru.in/corporate-law/ibc-section-9-petition-dismissed-invoices-time-barred.html Next Education India Private Limited Vs K12 Techno Services Private Limited (Supreme Court of India) Feeling aggrieved and dissatisfied with the impugned judgment
👍👍👍👍👍Interest on deposits cannot be treated as business Income for Section 44AD
Clipped from: https://taxguru.in/income-tax/interest-deposits-treated-business-income-section-44ad.html Euro Homes Vs DCIT (ITAT Chennai) In so far as interest on deposits is concerned, the assessee has included interest received from deposits
👍👍👍👍👍Section 148 notice without Higher Authority Approval is invalid
Clipped from: https://taxguru.in/income-tax/section-148-notice-higher-authority-approval-invalid.html Smt. Rashmi Bansal Vs CIT (ITAT Delhi) In this case prior to issuance of notice under Section 148 of the Act, the Assessing
👍👍👍👍👍Tax on sale of property belonging to father is not leviable on son
Clipped from: https://taxguru.in/income-tax/tax-sale-property-belonging-father-leviable-son.html Gurbinder Singh Mahal Vs ITO (ITAT Amritsar) ITAT Amritsar held that the assessee is not liable for payment of tax related to sale
👍👍👍👍👍Gift of Immovable Property to Sister Not Taxable: ITAT
Clipped from: https://www.taxscan.in/gift-of-immovable-property-to-sister-not-taxable-itat/274028/ The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that a gift of immovable property to sister is neither taxable as capital gain or
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