Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown unsecured loan of Rs. 16,36,297/- and had also given loan and advances of Rs. 11, ...

Madras High Court held that provision for leave salary is not allowable as deduction under section 43B (f) of the Income Tax Act since deduction of actual payment is allowable and not of provision.

ITAT Ahmedabad held that invocation of Revision proceedings under section 263 of the Income Tax Act after approval of the Resolution Plan by NCLT is against the Provisions of Law. Accordingly, ...

Before ITAT assessee supported his submission before CIT (A) and revenue supported on the orders of lower authority.

The sine qua non for acquiring jurisdiction to reopen an assessment is that notice under section 148 should be issued to a correct person and not to a dead person. Consequently, the jurisdictional ...

5. It was further submitted that the petitioner is ready and willing to pay 10% of the disputed tax and that he may be ...

Kerala High Court held that time limit for furnishing GST return under section 39 for the month of September is to be treated as 30 th November in each financial year with effect from 01.07.2017. ITC ...

There are some exceptions on which e-invoicing is not applicable even turnover exceeds the limits: e. Goods transportation agency (GTA) g. Passenger transportation services h. Services related to ...

The DC found Mr. Ramkripal Sharma’s conduct deficient in transparency and diligence, failing to fulfill obligations under the Insolvency and Bankruptcy Code (IBC) and CIRP Regulations. This included a ...

(E).- In exercise of the powers conferred by clause (aa) of sub­section (1) read with sub-section (2) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and ...

4. The Chief Commissioners of Customs in coordination with the Directorate General of Systems are requested to conduct fortnightly outreach programs in their respective zones so that the extended time ...

The term ‘Banking Business Hours’ are the minimum number of hours that IBU shall provide services from its premises in IFSC.