Case Digest on Demonetization and Deposits
In 2016, the Indian Government demonetised Rs.500 and Rs.1,000 notes, creating havoc in the entire country. It was a joint decision of the authorities along with the Reserve Bank of India (RBI) in order to fight corruption, black marketing
Case Digest on IBBI Misconduct Stories
The Insolvency and Bankruptcy Board of India ( IBBI ) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies ( IPA ), Insolvency Professionals (IP) and Information Utilities (IU) in India.
ITAT Weekly Round-Up
This weekly summary analyses the major Income Tax Appellate Tribunal (ITAT) stories that have been published at Taxscan.in. during the previous week from June 24 to 30, 2023. Pre-clinical Laboratory Services Rendered by Non-resident to
Applicability of CSR Provisions to Section 8 Companies
Background Purpose of introduction of Corporate Social Responsibility (hereinafter referred to as ‘CSR’) is to make corporates concerned towards the society they are working in. With the same intent, initially, it was proposed on voluntarily
ITAT Annual Case Digest 2023 part 4
This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in ITO-33(1)(2) vs M/s Brizeal Realtors and Developers LLP CITATION: 2023 TAXSCAN (ITAT) 337 The Mumbai bench of the Income Tax
ITAT Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from June 18 to June 24, 2022 Shree Radheshyam Sharnam vs Commissioner
ITAT Weekly Round Up
The most important stories on the Income Tax Appellate Tribunal (ITAT) that were published at Taxscan between November 18, 2023 to November 25, are critically summarized in this Round-Up. When Substantial Justice and technical considerations
Finance Bill 2021- A paradigm shift in the provisions relating to Income Tax Search, Seizure Assessments, and Income Tax Settlement Commission
Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman has presented the Union Budget 2021 of India on the 1st of February, 2021. Budget 2021 is aimed at reviving an economy that plunged into deepest recorded
ITAT Weekly Round-Up
This Round-Up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan. from October 21 to October 28, 2023 ALV of Vacant Property in Unsold Flats form held as
ITAT Annual Digest [Part – 39]
This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Income Portion of On-Money Assessable in the Year in Which Sale of Flat is Declared: ITAT Magnates Enterprises vs ACIT
Agriculturalist Need Not Maintain Books of Accounts: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Amritsar Bench, has recently, in an appeal filed before it, while deleting the addition u/s 68 of the income tax act, held that agriculturalist need not maintain books of
GST: Covid relief for some; Warning for Many!
When the Group of Ministers (GoM) suggested Covid relief measures from a GST perspective and such measures were approved in the 44th GST Council meeting, the industry, trade, public at large finally breathed a sigh
CESTAT Annual Digest – [Part – 23]
This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Construction of Complex by Cooperative Housing Society to its Members is not Liable to Service Tax: CESTAT (Shantanu Co Operative
CESTAT Annual Digest – [Part 9]
This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Relief to Hero Motorcorp: CESTAT rules Mirror Assemble and Sari Guard are ‘Input’ under Rule 2(k) of CCR M/s Hero
AAR Weekly Round-Up
This round-up analytically summarises the key stories related to the Goods and Service Tax Authority for Advance Ruling (AAR) reported at Taxscan.in during May 27 to June 9, 2023. Supply of Medicines and Other Procedures