![Penalty u/s 271B of Income Tax Act cannot be Imposed for Not Getting Books of Accounts Audited for Violation of S. 44AB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalty-Income-Tax-Act-Income-Tax-Books-of-Accounts-Audit-ITAT-Taxscan.jpg "Penalty u/s 271B of Income Tax Act cannot be Imposed for Not Getting Books of Accounts Audited for Violation of S. 44AB: ITAT [Read Order]")
Penalty u/s 271B of Income Tax Act cannot be Imposed for Not Getting Books of Accounts Audited for Violation of S. 44AB: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Jaipur Bench, has recently, in an appeal filed before it, held that penalty u/s 271B of Income Tax Act...
![Non Reliance on Documentary Evidence in SCN amounts to serious Violation of Natural Justice Principles: CESTAT quashes Service Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Non-Reliance-on-Documentary-Evidence-SCN-Violation-of-Natural-Justice-Principles-CESTAT-Service-Tax-demand-Taxscan.jpg "Non Reliance on Documentary Evidence in SCN amounts to serious Violation of Natural Justice Principles: CESTAT quashes Service Tax Demand [Read Order]")
![Income Tax Penalty can’t be Levied Even If Audit Carried Out After Receipt of Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Penalty-Audit-Re-Assessment-Notice-TAXSCAN.jpg "Income Tax Penalty can’t be Levied Even If Audit Carried Out After Receipt of Re-Assessment Notice [Read Order]")
E-Waste (Management) Rules, 2022, to be effective from April 1, 2023: Economic Survey 2023 [Read Report]
The Government notified the E-Waste (Management) Rules, 2022, on November 2, 2022. These rules will replace the E-waste (Management) Rules, 2016, and will be effective from April 1, 2023. These rules...
Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]
The Division Bench of the Supreme Court comprising Justice Sanjiv Khanna and Justice M.M.Sundresh has held that the special audit under Section 142(2A) of the Income Tax Act 1961 could be conducted...
![Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Special-Audit-Income-Tax-Notice-Fresh-Notice-Supreme-Court-TAXSCAN.jpg "Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]")
Orissa HC directs Tribunal to Check Validity of Audit Assessment given the Delay in AVR under Entry Tax Act [Read Order]
In a recent case, the High Court( HC ) of Orissa directed the Tribunal to check the validity of the audit assessment given the delay in the Audit Visit Report(AVR) under the entry tax act Jay...
![Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Commission-Agent-Account-Audited-Audit-Penalty-ITAT-Taxscan.jpg "Commission Agent not obliged to get Account Audited, Penalty u/s 271 B not leviable: ITAT [Read Order]")
![VAT Re-Assessment merely On Ground of Audit Objection is Invalid: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/VAT-Re-Assessment-VAT-Audit-Orissa-HC-taxscan.jpg "VAT Re-Assessment merely On Ground of Audit Objection is Invalid: Orissa HC [Read Order]")