Income Tax

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July 28, 2021

No condonation of delay in filing appeal before ITAT if no medical reports of ill-health were submitted: ITAT

Case details: Ajay Kumar jain … Continue reading “No condonation of delay in filing appeal before ITAT if no medical reports of ill-health were submitted: ITAT”

Blog, News, Income Tax

July 28, 2021

AO can’t recover taxes from assessee if tax deducted on his income wasn’t deposited by deductor: HC

Case details: Ashok Kumar B. … Continue reading “AO can’t recover taxes from assessee if tax deducted on his income wasn’t deposited by deductor: HC”

Blog, News, Income Tax

July 27, 2021

AO can’t make additions related to deposit in Swiss Bank mere relying on info. received from Investigation wing: ITAT

Case details: Karamjit S. Jaiswal … Continue reading “AO can’t make additions related to deposit in Swiss Bank mere relying on info. received from Investigation wing: ITAT”

Blog, News, Income Tax

July 27, 2021

Dept. conducted search on ‘Dainik Bhaskar’ Group; income escapment of Rs. 700 crore over 6 years detected

The Income-tax Dept. has carried … Continue reading “Dept. conducted search on ‘Dainik Bhaskar’ Group; income escapment of Rs. 700 crore over 6 years detected”

Blog, Income Tax

July 26, 2021

Faceless Assessments – Proceedings in a Faceless Manner

Topics covered in this article … Continue reading “Faceless Assessments – Proceedings in a Faceless Manner”

Blog, News, Income Tax

July 26, 2021

Madras HC directed AO to dispose of assessee’s objections against reopening of assessee by passing a speaking order

Case details: P. Hemalatha v. … Continue reading “Madras HC directed AO to dispose of assessee’s objections against reopening of assessee by passing a speaking order”

Blog, News, Income Tax

July 26, 2021

No disallowance u/s 40A(3) if ultimate payments made to labourers were below threshold limit: ITAT

Case details: Gali Subba Raju … Continue reading “No disallowance u/s 40A(3) if ultimate payments made to labourers were below threshold limit: ITAT”

Blog, News, Income Tax

July 26, 2021

ITAT set-aside sec. 263 order as CIT failed to prove that order of AO was erroneous & prejudicial to interest of revenue

Case details: Shringar Marketing (P.) … Continue reading “ITAT set-aside sec. 263 order as CIT failed to prove that order of AO was erroneous & prejudicial to interest of revenue”

Blog, News, Income Tax

July 23, 2021

Amendment by FA 2021 disallowing employee’s contribution to ESI/PF is applicable prospectively: ITAT

Case Details: Salzgitter Hydraulics (P.) … Continue reading “Amendment by FA 2021 disallowing employee’s contribution to ESI/PF is applicable prospectively: ITAT”

Blog, News, Income Tax

July 23, 2021

HC admits ‘Tata Comm.’ writ challenging constitutional validity of issuing reassessment notice under old provisions

Case details: Tata Communications Transformation … Continue reading “HC admits ‘Tata Comm.’ writ challenging constitutional validity of issuing reassessment notice under old provisions”