With the number of corporations emerging these days, the market is on the hunt for the right candidate for each and every role, and one... Read More
The Hon’ble Apex Court sets four Principles relating to levy of penalty under section 271(1) (c)
3 min read
The Hon’ble Apex Court sets four Principles relating to levy of penalty under section 271(1) (c) of the Income Tax Act, 1961. Principles relating... Read More
The ITAT, Mumbai in the case of ACIT , Mumbai (Appellant) vs. M/s. Venus Jewel, EC-5021/22, Bharat Diamond Bourse, Bandra-Kurla Complex Bandra, Mumbai 400051 (having... Read More
The ITAT Delhi in the case of Mridu Hari Dalmia Parivar Trust vs. Assessing Officer, Circle 31 (1) , New Delhi. – 2016 (4) TMI... Read More
The final order of an Assessing Officer cannot take benefit from the orders of subsequent litigation
3 min read
The final order of an Assessing Officer cannot take benefit from the orders of subsequent litigation
Subsequent Litigation- Assessing Officer not to take benefit of it while framing orders A question arose recently whether a final order of an Assessing Officer... Read More
Amitabh Bachchan Case- Commissioner should not go beyond the issues of the show cause notice
5 min read
The Hon’ble Apex Court in Commissioner of Income Tax, Mumbai vs. Amitabh Bachchan being Civil Appeal No.5009 of 2016 which arose out of S.L.P. (C)... Read More
In an attempt to make possible a full-fledged and flawless credit throughout the complete supply chain under a common tax base, the Goods and Services... Read More
The section 271(1) (c) of the income tax act 1961, clearly states that no penalty would be levied on an income tax payer if the... Read More
The Bench of the High Court at Ahmadabad consisting of Hon’ble Justice Mr. Akil Qureshi and Hon’ble Justice Ms. Sonia Gokani has passed a judgment... Read More
A loan denotes borrowing money which is to be paid back along with interest. In a loan, the borrower at receives an amount of money... Read More