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Income Tax Department conducts Search and Survey Operations on Share Brokers / Traders across India
On 3rd December 2019, the Income Tax Department carried out search and survey operations on certain share-brokers/traders who were involved in...
Govt. issues Advisory for Uploading Multiple Invoices / Credit / Debit Notes as Supporting Documents with Refund Application
The Central Board of Indirect Taxes and Customs (CBIC) has issued advisory for Uploading Multiple Invoices / Credit / Debit Notes as Supporting Documents with Refund Application. The CBIC said that,...
![Excessive Application of Net Profit Rate is Not Admissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/Net-Profit-Rate-Taxscan.jpg "Excessive Application of Net Profit Rate is Not Admissible: ITAT [Read Order]")
Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow, held that the jurisdiction of the Assessing Officer while making assessments in Limited Scrutiny cases, by initiating inquiries on new issues has to...
![Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/CST-Assessments-Taxscan.jpg "Assessments in Limited Scrutiny Cases only with the Approval of Principal Commissioner: ITAT [Read Order]")
