![Denial of Benefit of ITC to Buyers of Flats would amount to Profiteering: NAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Anti-Profiteering-Charges-NAA-GST-Realtor-Firm-Taxscan.jpg "Denial of Benefit of ITC to Buyers of Flats would amount to Profiteering: NAA [Read Order]")
Denial of Benefit of ITC to Buyers of Flats would amount to Profiteering: NAA [Read Order]
In a recent case, the National Anti-Profiteering Authority held that if the respondent has denied the benefit of ITC to the buyers, then provisions of...
![Direction to Assessee to exclude 6 comparables and thereafter Compute ALP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Contractual-Obligation-ITAT-Taxscan.jpg "Direction to Assessee to exclude 6 comparables and thereafter Compute ALP: ITAT [Read Order]")
![GST Evasion: Patiala House Courts allows Bail on Fraudulent Utilization of ITC amounting to Rs 33.75 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/Patiala-House-Courts-GST-Evasion-Taxscan.jpg "GST Evasion: Patiala House Courts allows Bail on Fraudulent Utilization of ITC amounting to Rs 33.75 cr [Read Order]")
No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that, No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India. The ITAT has...
![No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "No Disallowance of Expenditure for Non-Deduction of Tax on Services and Payments Made Outside of India: ITAT [Read Order]")
No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]
In recent case Income Tax Appellate Tribunal ( ITAT ), Jaipur held that even if some discrepancies were found during the survey resulting in surrender of income by the assessee, once the assessee has...
![No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cross-Examination-ITAT-Taxscan.jpg "No Penalty even If Some Discrepancies found during Survey Once the Assessee already declared the Income in Return: ITAT [Read Order]")
Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]
The National Company Law Tribunal (NCLT) ruled that any company that has initiated CIRP can be obligated to pay the taxes from the date of initiation of CIRP, if the Corporate Debtor is to be run as a...
![Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]")
SFIO’s Market Research Analysis Unit prepares 55 reports on Fraud & Misappropriation by Companies; SFIO assigned 12 for Probe
During the last 3 years, 55 number of research reports prepared by the Market Research and Analysis Unit (MRAU) have been submitted to the Ministry of Corporate Affairs (MCA). 12 number of...
