Case Laws
![Interim stay granted by Punjab and Haryana High Court in case of 148 notice issued for AY 2013-14 as per CBDT instructions [Read order]](https://www.taxontips.com/wp-content/uploads/2022/08/Punjab-and-harayan-high-court-350x250.jpg)
Interim stay granted by Punjab and Haryana High Court in case of 148 notice issued for AY 2013-14 as per CBDT instructions [Read order]
In the above judgement the court has accepted the initial plea of the petitioner i.e. assessee and has granted interim...
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No new loss can be claimed in revised return which was not claimed in original return – Supreme Court
The assessee can file a revised return in a case where there is an omission or a wrong statement. But...
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Rent earned from property situated outside India by assessee resident in India cannot be taxed in India – Delhi ITAT
Hon’ble ITAT has mentioned that the word “may” cannot be considered as “shall”, and hence passed on a judgement that...
Read moreSupreme court Judgement on controversial issue of notice u/s 148 issued after 01.04.2021 passed in favor of Revenue | Detailed analysis of full judgement
The Supreme court has not completely reversed judgement of High courts, as high courts have also mentioned that AO were...
Read moreTDS credit can be claimed in a year even when corresponding income was offered for tax in earlier year | Delhi ITAT | Case law
Thus, in the present case where the assessee has claimed to have offered the revenues for tax in previous years...
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Remuneration from Partnership firm cannot be considered as gross receipt/ turnover for section 44AB | Bombay High court | Case law
The court concluded that the Revenue was right in its contention that remuneration and interest from the partnership firm cannot...
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GST on Pizza Topping is costlier than GST on Pizza | AAAR Haryana ruling | What is the truth?
The main question in the below mentioned ruling was whether the topping prepared by the taxpayer/ applicant needs to be...
Read moreFreebies given to doctors by Pharmaceutical companies cannot be claimed as expense under section 37 of Income tax act: Supreme Court of India
The conceded participation of the assessee- i.e., the provider or donor- was plainly prohibited, as far as their receipt by...
Read moreGST needs to be paid on income earned from conducting guest lectures | AAR ruling Karnataka
This advance ruling was pronounced by Authority for Advance Ruling in Karnataka in case of Sri Sairam Gopalkrishna Bhat on...
Read moreHon’ble Supreme Court issued notice in relation SLP filed against Allahabad High court judgement of quashing section 148 notice issued after 01.04.2021
Recently we have seen various High Court's passing judgement in favour of assessee in relation to notice being issued u/s...
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Division bench of Madras High Court Quashes notice issued u/s 148 after 01.04.2021
In view of the ratio propounded by the Allahabad and Delhi High Courts on the subject, the reassessment notices under...
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Kolkata High court single bench judge quashes notice issued u/s 148 of the IT act issued after 01.04.2021
The below mentioned judgement was pronounced on 17.01.2022 in Kolkata High Court by Hon’ble Mr. Justice Md. Nizamuddin in case...
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Rajasthan High Court division bench also quashes 148 proceedings initiated after 01.04.2021 [Read order]
In the result we find that the notices impugned in the respective petitions are invalid and bad in law. The...
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Gujarat High Court disposes Writ for filing of Tax audit report and ITR through e-mail [Read order]
CBDT has assured that all necessary steps have been taken to assure smooth filing of Income tax return and Tax...
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Supreme court further extends period of limitation for any judicial or quasi judicial proceedings till 28.02.2022 [Read order]
Hence, this means that under Income tax or GST if the period of limitation for filing any appeal or any...
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![[Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]](https://www.taxontips.com/wp-content/uploads/2023/02/Budget-2023-120x86.webp)
- Important Direct Tax Amendments in Budget 2023 for individual and business owners
- [Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]
- 2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
- CBDT instructs Income tax officer to complete 148/ 147 assessment before 31.05.2023
- Final stage of Union Budget 2023-24 commences with Halwa Ceremony
- Clarification on entitlement of ITC where place of supply is determined in terms of proviso to sub-section (8) of section 12 of the IGST Act
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- Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns – Update
- ICAI has launched free task management or practice management software for members in Practice
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