Income Tax

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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”

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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”

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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”

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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”

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July 23, 2021

No disallowance just because vouchers produced by assessee as proof were handwritten: HC

Case details: V.C. Arunai Vadivelan … Continue reading “No disallowance just because vouchers produced by assessee as proof were handwritten: HC”

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July 22, 2021

Assessee can raise contention before ITAT without filing cross-objections on issues related to question of law: HC

Case details: Peter Vaz v. … Continue reading “Assessee can raise contention before ITAT without filing cross-objections on issues related to question of law: HC”

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July 22, 2021

HC justified reassessment as notice handed over to tenants who later forwarded it to assessee was a valid act

Case details: Perumallur Vankipuram Janardhanan … Continue reading “HC justified reassessment as notice handed over to tenants who later forwarded it to assessee was a valid act”

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July 21, 2021

AO cannot deny legitimate exp. of business simply because assessee has changed its method of accounting: ITAT

Case details: DCIT v. Hinduja … Continue reading “AO cannot deny legitimate exp. of business simply because assessee has changed its method of accounting: ITAT”