Conclusion: Since there was a failure in complying with the requirements of Regulation 17 (5) of the Customs Broker Licensing ...

Rajasthan High Court held that addition on account of bogus accommodation entries merely based on admission of assessee in ...

Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the ...

that the issues of whether interest is applicable on the pre-deposit amount made by the Appellant and the restricted amount ...

Many startups and small business owners face many tax-related challenges and issues, often due to lack of awareness or understanding. In this article, we’ll try to find out the common tax compliance ...

It is definitely most crucial to note that while ruling on a very significant legal point pertaining directly to advocates while delivering judgment in the ‘fake’ SLP case, the Supreme Court in a most ...

18. Student should give equal attention to all the subjects, study more in which the performance is weak, studying more the subject in which his performance is better will lead to exemption in the ...

The Hon’ble Calcutta High Court in the case of Sarkar Diesel v. Deputy Commissioner of State Tax [FMA No. 604 of 2024 dated June 25, 2024] advance ruling passed by the authority of one particular ...

ITAT Delhi held that the onus is always on the assessee to substantiate with evidence to the satisfaction of the AO regarding the identity and credit worthiness of the loan creditor and genuineness of ...

ITAT Chennai held that no findings have been rendered on various documentary evidences furnished by the assessee. Accordingly, matter restored in view of violation of the principle of natural justice.

Delhi High Court held that that there was no justification for the respondents to issue notices afresh seeking to reopen the proceedings which had been concluded prior to the judgment passed in Ashish ...

Conclusion: Where AO failed to issue a notice under Section 143 (2) and proceed directly by rejecting the return filed by assessee, the reassessment action would thus be liable to be quashed.