Income Tax Dept releases Latest PAN Allotment and Aadhar Linking Statistics
The Income Tax Department of India has released the latest PAN allotment statistics, revealing a significant rise in PAN card issuance. As of March...
![ITAT directs AO to allow cost of Improvement with Indexation and Re-Compute Capital Gains u/s 48 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-delhi-Income-tax-Capital-Gains-Assessing-Officer-taxscan.jpg "ITAT directs AO to allow cost of Improvement with Indexation and Re-Compute Capital Gains u/s 48 of Income Tax Act [Read Order]")
No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT quashed the order passed by the Commissioner of Income Tax (Appeals) framed under section 263 of the Income Tax Act,1961 in the name of...
![No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Revisional-order-Income-Tax-Act-CITA-Non-Exsiting-Entity-ITAT-TAXSCAN.jpg "No Revisional order can be Framed u/s 263 of Income Tax Act by CIT(A) in the Name of a Non-Exsiting Entity: ITAT Quashes Order [Read Order]")
GST Registration in Name of Petitioner Alleged of Involvement in Business of Prohibited Drugs: Himachal Pradesh HC Dismisses Anticipatory Bail [Read Order]
The Himachal Pradesh High Court dismissed a petition for anticipatory bail as the GST Registration was in the name of the proprietor of shop alleged of involvement in business of prohibited drugs. ...
![GST Registration in Name of Petitioner Alleged of Involvement in Business of Prohibited Drugs: Himachal Pradesh HC Dismisses Anticipatory Bail [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/GST-Registration-in-Name-of-Petitioner-GST-Registration-Name-of-Petitioner-Business-of-Prohibited-Drugs-Himachal-Pradesh-Highcourt-Dismisses-Anticipatory-Bail-Anticipatory-Bail-taxscan.jpg "GST Registration in Name of Petitioner Alleged of Involvement in Business of Prohibited Drugs: Himachal Pradesh HC Dismisses Anticipatory Bail [Read Order]")
Misuses PAN card of 6,35,000 people and creates 2,660 fake companies: Suspects includes 5 Chartered Accountants
The Noida Police has caught an eight-member gang including 5 Chartered Accountants who fraudulently used the Permanent Account Number (PAN) of lakhs of people for creating 2660 fake businesses to...
Aiding Fake Firms to Claim ITC Using ID Proof: Punjab & Haryana HC grants Bail during Investigation [Read Order]
The Punjab and Haryana High Court granted bail during investigation in the matter of aiding fake firms to claim Input Tax Credit (ITC) Using ID Proof. The allegations against the petitioner,...
![Aiding Fake Firms to Claim ITC Using ID Proof: Punjab & Haryana HC grants Bail during Investigation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Aiding-Fake-Firms-to-Claim-ITC-Using-ID-Proof-Claim-ITC-ITC-Punjab-and-Haryana-High-Court-Punjab-and-Haryana-HC-grants-Bail-during-Investigation-Investigation-Bail-Taxscan.jpg "Aiding Fake Firms to Claim ITC Using ID Proof: Punjab & Haryana HC grants Bail during Investigation [Read Order]")
Aadhar PAN Card Linkage: Extension of Deadline likely as Income Tax Portal and Payment Page is Down
The Indian government is likely to extend the deadline for linking Permanent Account Number (PAN) with Aadhaar by two to three months. A government official who is privy to the development disclosed...
