Case Laws
Income tax refund cannot be adjusted against outstanding demand beyond the limit prescribed by CBDT: Bombay High court
Hon'ble Bombay High court in case of Vrinda Sharad Bal Vs. The Income Tax Officer, Ward 22(3)(5), Mumbai and others...
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Exemption/ Deduction cannot be disallowed to Charitable trust just because Form 10 was not filed within due time – Gujarat HC
This Court took the view that the benefit of exemption should not be denied merely on account of delay in...
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Assessment Order passed before the due date for reply to show cause notice not valid. High court grants stay on such proceedings | Delhi high court
Although, a reply qua SCN was prepared by the petitioner it could not be filed as the assessment order was...
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Supreme Court’s judgement to struck down the West Bengal Housing Industry Regulation Act, 2017( WBHIRA), holding it to be unconstitutional
Justice Chandrachud continued to observe that the state government then cannot reduce the Act to a dead letter. "If there...
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Landmark Judgement by Kerala High Court stating ICAI cannot interfere in dispute between Partner of CA Firm
High court said that since there is no requirement for partnership firm to register with ICAI the partnership firm like...
Read moreSupreme court extends limitation period of any proceedings/ due date to file appeals under all laws across the country
Since this judgement has been in continuation of earlier order Dt. 23.03.2020 and hence if any due date/ limitation period...
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Landmark Supreme Court Judgement on purchase of software by resident from non-resident manufacturer considered as Royalty or not? | Does it hold good in todays’ world?
Hence, Hon'ble Supreme Court ruled that any such software sale are just sale of goods as per Income tax act...
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Supply of food and beverages made by the applicant from sweetmeat counter will be supply of goods eligible for ITC – Advance ruling
In the current Advance ruling the applicant is engaged in three types of activities: 1. Running a sweet shop. 2....
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Foreign Tax Paid Allowed as Deduction Even if Income not Taxable in India – Case law
Tata Consultancy Services Ltd. v. Additional Commissioner of Income Tax, LTU-1, Mumbai (ITA No. 3262/MUM/2017 Dt. 11.11.2020) Facts: The assessee,...
Read moreGST is not required to be paid on amount received towards electricity component along with rent | AAR ruling
Under GST many landlords charge GST on each and every money they receive from tenant for whatever purpose. In this...
Read moreGujarat High court directs CBDT to consider extension of due date for Income tax Audit and Income tax return before 12.01.2021
A writ application was filed by The All Gujarat Federation of Tax consultants for the extension of due date of...
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Dividend paid by Indian company to Non resident would be subject to DTAA rates and not necessarily liable to DDT rate
The above judgement is passed by Delhi Tribunal in case of Giesecke & Devrient Pvt Ltd. v. Additional Commissioner of Income Tax,...
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ITC cannot be disallowed to purchaser if seller has collected tax but not paid to Government – Madras High Court
The judgement was passed in the case of M/s. Sri Ranganathar Valves Private Limited by Madras High court and the...
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TDS cannot be deducted u/s 194N if the amount is not considered as income of assessee: Madras High Court
From the time section 194N was introduced in Budget 2019, there has been a continuous debate as to whether the...
Read moreLiaison office cannot be considered as PE of foreign company in India – Supreme court
In Union of India V. UAE exchange center (116 taxmann.com 379) it was held by Supreme court that Services provided...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Compliance Calendar for June 2025 | Income tax, GST and various other laws
- Statutory Compliance Calendar for May 2025 | Income tax, GST and various other laws
- ITAT Mumbai: Capital Gains on Indian Mutual Funds Not Taxable in India for Non-Residents under DTAA [Case law]
- Statutory Compliance Calendar for April 2025 | Income tax, GST and various other laws
- No relief under section 87A for capital gain even after date extended to file revised return for AY 2024-25?
- Statutory Audit of Cash and Cash Equivalents in Indian Companies [Company Law]
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
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