![Reassessment on incorrect facts and by non-application of mind is bad in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Reassessment-non-application-of-mind-law-ITAT-Taxscan.jpg "Reassessment on incorrect facts and by non-application of mind is bad in Law: ITAT [Read Order]")
Reassessment on incorrect facts and by non-application of mind is bad in Law: ITAT [Read Order]
The Income Tax Appellate Tribunal, Delhi Bech “C” quashes the order of reassessment passed on grounds of incorrect facts, non-application of mind and...
![ITAT quashes reopening of Assessment, deletes addition on account of Share Application Money and Commission paid [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-Tax-ITAT-assessment-share-application-money-commission-Taxscan.jpg "ITAT quashes reopening of Assessment, deletes addition on account of Share Application Money and Commission paid [Read Order]")
![ITAT allows Long-Term Capital Loss arising from Sale of Government Securities after applying Cost Inflation Index [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-Long-Term-Capital-Loss-sale-of-Government-Securities-Cost-Inflation-Index-Taxscan.jpg "ITAT allows Long-Term Capital Loss arising from Sale of Government Securities after applying Cost Inflation Index [Read Order]")
Delhi High Court asks for GST Council’s decision on quashing provision relating to Composition of GST Appellate Tribunal [Read Order]
The Delhi High Court asked for the GST Council’s decision on quashing provision relating to the Composition of the GST Appellate Tribunal. The petitioner, Bharatiya Vitta Salahkar Samiti referred...
![Delhi High Court asks for GST Council’s decision on quashing provision relating to Composition of GST Appellate Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Delhi-High-Court-GST-Council-provision-Composition-of-GST-Appellate-Tribunal-Taxscan.jpg "Delhi High Court asks for GST Council’s decision on quashing provision relating to Composition of GST Appellate Tribunal [Read Order]")
GST: Delay in AAR Rulings adversely affects Investigation and the Interest of Revenue, says Gujarat High Court
The Gujarat High Court ruled that sometimes delay in Authority of Advance Ruling (AAR) may frustrate investigation and also hinder the interest of the Revenue. The writ applicant, M/s SDB Diamond...
CMA Exams 2021: SC to hear plea seeking Cancellation of ICMAI Online Tests For Alleged Malpractice
The Supreme Court will hear a plea seeking Cancellation of Cost Management Accounting(CMA) Online Tests on account of alleged malpractice held by the Institute of Cost Accountants of India(ICMAI) in...
ITAT directs AO to adjudicate issue of additional Depreciation not claimed either in Original Return or in Revised Return [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench directed the Assessing Officer to adjudicate the issue of additional depreciation not claimed either in original return or in revised return. ...
![ITAT directs AO to adjudicate issue of additional Depreciation not claimed either in Original Return or in Revised Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-additional-depreciation-original-return-revised-return-taxscan.jpeg "ITAT directs AO to adjudicate issue of additional Depreciation not claimed either in Original Return or in Revised Return [Read Order]")
CA Exams 2021: CA Foundation students who passed recently have only few days to register CA Inter to be eligible for Nov 21 Exams
The Institute of Chartered Accountants of India (ICAI) has announced that the candidates who have qualified the Chartered Accountant Foundation exam as part of the January session will have to apply...
![CESTAT frees M/S Shree rolling mill from Charge of Clandestine removal for want of Cogent evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/CESTAT-MS-Shree-rolling-mill-clandestine-removal-cogent-evidence-taxscan.jpeg "CESTAT frees M/S Shree rolling mill from Charge of Clandestine removal for want of Cogent evidence [Read Order]")