Clipped from: https://www.thehindu.com/news/cities/bangalore/prosecution-cant-be-launched-until-evaded-tax-is-known-based-on-i-t-search-disclosures/article34256302.ece There is no presumption under law that every unaccounted transaction would lead to imposition of tax, and therefore, no prosecution can be launched
Category: Income Tax Cases
ByteDance says India’s freeze on bank accounts is harassment: Court filing | Business Standard News
lipped from: https://www.business-standard.com/article/current-affairs/bytedance-says-india-s-freeze-on-bank-accounts-is-harassment-court-filing-121040400476_1.html Beijing has repeatedly criticised India over that ban and those of other Chinese apps Photo: Reuters China’s ByteDance has told an Indian court that a
Enforceability Of Oral Agreement In India – Corporate/Commercial Law – India
Clipped from: https://www.mondaq.com/india/contracts-and-commercial-law/768278/enforceability-of-oral-agreement-in-india The Indian Contract Act 1872, section 2(e), defines an agreements as “every promise and every set of promises, forming the consideration for each
Supreme Court Revisits The Requirements For Admissibility Of Electronic Evidence Under Section 65b Of The Indian Evidence Act, 1872 – Litigation, Mediation & Arbitration – India
Clipped from: https://www.mondaq.com/india/trials-appeals-compensation/988004/supreme-court-revisits-the-requirements-for-admissibility-of-electronic-evidence-under-section-65b-of-the-indian-evidence-act-1872 Recently, a three-judge bench of the Supreme Court comprising justices Rohinton Fali Nariman, S. Ravindra Bhat and V. Ramasubramanian, vide judgment dated July
Income Tax Return: CBDT notifies new ITR Forms for AY 2021-22
lipped from: https://www.taxscan.in/income-tax-return-cbdt-notifies-new-itr-forms-for-ay-2021-22/108472/ The Central Board of Direct Taxes (CBDT) notified the new Income Tax Return (ITR) Forms for Assessment Year 2021-22. The Board notified the
Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5): ITAT
Clipped from: https://www.taxscan.in/reopening-not-valid-when-time-limit-for-scrutiny-pending-from-revised-return-filed-under-section-1395-itat/108351/ The Income Tax Appellate Tribunal (ITAT), New Delhi Bench ruled that Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5).
