Category: Five Star
👍👍👍👍👍Deduction u/s 80P(2)(a)(i)/ 80P(2)(d) not available on common interest earned from investment in co-operative banks
Read more at: https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.html Sangam Coop. Credit Society Ltd. Vs Assessing Officer (ITAT Bangalore) ITAT Bangalore held that common interest earned
👍👍👍👍👍Clipped from: https://taxguru.in/income-tax/violation-principles-natural-justice-itat-restores-matter-back-ao.html
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,
👍👍👍👍👍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,