Fresh losses can be claimed in Reassessment if not claimed in Orgional Income Tax Return Facts of the Case There is no original assessment for the Assessment Year and only the an intimation under section 143(1) of the Act was issued to the assessee. Further to this it was claimed that the said intimation under section 143(1)… Read More »
New GST order on Input tax Credit Reversal based on Letter of GST Officer Facts of the Case GST Officer issued letter stating that the petitioner had availed input tax credit on the basis of invoices issued by certain suppliers/firms. It is stated in the said letter that the investigations conducted by the departmental officials… Read More »
IN THE ITAT BANGALORE BENCH ‘C’ Deputy Commissioner of Income-tax, Circle – 12(3), Bengaluru v. Sasken Network Engineering Ltd. N.V. VASUDEVAN, VICE-PRESIDENT AND CHANDRA POOJARI, ACCOUNTANT MEMBER IT APPEAL NO. 547 (BANG.) OF 2013 [ASSESSMENT YEAR 2007-08] JULY 12, 2021 Smt. R. Premi, JCIT (DR)(ITAT) for the Appellant. C. Narayan, CA for the Respondent. ORDER N.V. Vasudevan, Vice President. –… Read More »