This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in ITAT upholds Penalty levied u/s 271 of Income Tax Act due to non Compliance of Notice Shri Ishoo Narang vs

Introduction:- Chapter XIX - A of Income Tax Act, 1961 provides for settlement of cases. Income Tax Settlement Commission was set up in the year 1976 on the recommendation of the Direct Tax Enquiry Committee

SUPREME COURT Services Rendered with Procurement of Goods for Exports are not to be categorised as intermediary services: Supreme Court Dismisses Appeal COMMISSIONER OF G.S.T. AND CENTRAL EXCISE vs M/S SNQS INTERNATIONAL SOCKS PRIVATE LIMITED

This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from February 5 to February 11, 2023. Belated Filing of Appeal against

This weekly summary analyses the stories related to the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) that have been published at Taxscan.in. during the previous week from September 16 to September 22 2023. Subsequent

This weekly round-up analytically summarises the key stories related to the High Courts reported at Taxscan.in during the previous week from October 17 to October 23, 2022.Syed Sikandar Ali Vs PRINCIPAL COMMISSIONER OF INCOME TAX

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 July 16 to July 22, 2022 Technichem Organics Pvt. Ltd. vs

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2020-21 in the Parliament today. The key highlights of Economic Survey 2020-21, which is dedicated to the COVID Warriors, are as follows:

This yearly digest summarizes all the ITAT stories published at taxscan.in in 2023 Penalty Against Agriculturist for Accepting Loan Through Banking Channel u/s 269SS of IT Act, 1961: ITAT Vijayaben G. Zalavadia vs JCIT CITATION:

For the smooth functioning of every tax administration there should have a proper mechanism for inspection, search and arrest. However, these are the important tools of the tax department for eradicating tax evasion. Both the

This Round-Up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during July 29 to August 04, 2023. Mere Suspicion Not Enough for Income Tax Dept to make

This weekly round-up analytically summarizes the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from January 06 to January 12, 2024, the last week of 2024.

This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from November 18 to November 24, 2023. No Income Tax Deduction allowable for Gains

Officer has in his possession books of accounts or other documents or evidence which reveals that the income chargeable to tax, represented in the form of asset Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman

For the sake of convenience, pre-substituted sections and sections substituted Vide Finance Act, 2021 are tabulated as under: Pre-Substituted SectionsNewly amended/substituted sections by Finance Act, 2021Income escaping assessment. 147. If the Assessing Officer has reason to