[TAXSCAN 360] SAAR vs GAAR in Tax Laws: Do they Clash or Intersect?

Delay in Preferring reply to Pre Assessment Notice: Kerala HC set aside Assessment order  under Income Tax Act passed without considering Reply of Assessee

ITAT quashes GP Ratio Application on Gross Receipts in Absence of Suppression or Discrepancy, upholds Addition of Unexplained Expenditure u/s 69C of IT Act as Negotiations Not Proved

Penalty Against Agriculturist for Accepting Loan Through Banking Channel u/s 269SS of IT Act, 1961: ITAT [Read Order]

Central Govt to Set Up DGGI Offices Cell to Monitor Websites and Portals Running without Paying Tax: GST Council

Karnataka HC Dismisses WP against Issuance of Blocking Orders u/s 69A of IT Act on ground of Non-Violative of Doctrine of Proportionality [Read Order]