INCOME TAX : Where Assessing Officer carried out a search against a person other than assessee and thereafter issued on assessee a notice under section 153C and assessee filed writ petition challenging impugned notice and further Assessing Officer during pendency of writ petition passed assessment orders on assessee, assessee was advised to adopt appeal remedy against orders of assessment
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Monday, September 2, 2019
Advance deposited by assessee with excise authorities amounted to payment of duty as per sec. 43B
‘Faceless’ Tax Assessment Pilot Likely From Oct 8
Execution of contract work obtained from Indian Railway couldn't be treated as charitable in nature
Tribunal wasn't required to examine merit of scheme at stage of calling meeting of creditors for consideration: NCLAT
COMPANY LAW : At stage of calling of meeting of creditors/members for consideration of scheme of compromise or arrangement, Tribunal is not required to examine merits of scheme qua proposed compromise/arrangement, and any such indulgence on part of Tribunal would fall foul of provision engrafted in section 230(1)
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from www.taxmann.com Latest Case Laws https://ift.tt/2jTiTc3
Sunday, September 1, 2019
Notification No. 59/2019/F. No. 370142/13/2019-TPL / GSR 614(E)
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT
INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...
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2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
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In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
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IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...