Fictitious Cash sales
The SC while dismissing the SLP in [2023] 453 ITR 754 (SC)held that merely because the sales tax authorities have accepted cash…
......Read MoreThe SC while dismissing the SLP in [2023] 453 ITR 754 (SC)held that merely because the sales tax authorities have accepted cash…
......Read MoreThe Jodhpur bench of the Tribunal in (2023] 103 ITR (Trib) 388 (ITAT[Jodh] in allowing the miscellaneous application held that non-adjudication…
......Read MoreBy and large it is now settled that Commissioner (Appeals) or the Tribunal or the Court is not obliged to…
......Read MorePrior to reopening of a case the assessing officer is required to conduct an inquiry after affording opportunity to the…
......Read MoreThe group of assessee’s with as many as 1500 search cases assessments managed settlement in their cases after a high…
......Read MoreMerely because the assessee had erroneously offered a particular sum for taxation, the Revenue cannot take advantage of the ignorance…
......Read MoreThe bench of the Tribunal in (2022] 28 ITR (Trib)-OL 737 (ITAT[Agra] in a wake up call order caller for immediate redressal…
......Read MoreOn noticing shortcomings in the assessment order the Gujarat high Court in [2022] 446 ITR 571 (Guj) issued following advisory to…
......Read MoreHarping on the Principles of judicial discipline the High Court in 2022] 446 ITR 734 (Telangana) held that the orders of the…
......Read MoreTax officer has powers to reassess a case if he gathers any information suggestive of income escapement. Case closure in…
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