New update for Income Tax Return filing AY 2024-25
New update for Income Tax Return filing AY 2024- 25
Monthly Archives: June 2024
Reassessment notice for cash deposit not valid if assessee wasn’t confronted with such infomation : High Court
Reassessment notice for cash deposit not valid if assessee wasn’t confronted with such infomation : High Court HIGH COURT OF ALLAHABAD Mahesh Kumar Verma v. Union of India* SAUMITRA DAYAL SINGH AND DONADI RAMESH, JJ. WRIT TAX NO. 934 OF 2024 MAY 31, 2024 Nishant Mishra for the Petitioner. Gaurav Mahajan, Manu Ghildyal and Naveen Chandra Gupta, A.S.G.I. for the Respondent. ORDER 1. Heard… Read More »
Filing of information by manufacturers of Pan Masala and Tobacco taxpayers
Filing of information by manufacturers of Pan Masala and Tobacco taxpayers Jun 7th, 2024 Please refer to the notification Notification No. 04/2024 – Central Tax dated 05-01-2024 to seek information from taxpayers dealing in the goods mentioned therein. Two forms have been notified vide this notification namely GST SRM-I and GST SRM-II. The former… Read More »
No Penalty for Non filing of Income Tax Return I Big Relief
No Penalty for Non filing of Income Tax Return I Big Relief
No penalty for non filing of ITR if TDS deducted on sale of property : ITAT
IN THE ITAT AHMEDABAD BENCH ‘A’ Parulben Vijaykumar Patel v. Income-tax Officer SMT. ANNAPURNA GUPTA, ACCOUNTANT MEMBER AND SIDDHARTHA NAUTIYAL, JUDICIAL MEMBER IT APPEAL NO. 164 (AHD.) OF 2024 [ASSESSMENT YEAR 2017-18] MAY 22, 2024 Sanjay R. Shah, A.R. for the Appellant. Ravindra, Sr. DR for the Respondent. ORDER Siddhartha Nautiyal, Judicial Member – This appeal has been filed by… Read More »
ITC Can be claimed till 30th November in each financial year w.e.f 01.07.2017: Kerala HC
ITC Can be claimed till 30th November in each financial year w.e.f 01.07.2017: Kerala HC HIGH COURT OF KERALA M. Trade Links v. Union of India DINESH KUMAR SINGH, J. WP(C) NOS. 31559 OF 2019 AND OTHS. JUNE 4, 2024
Your ITR Intimation u/s 143(1) Income Tax Return Processing AY 2024-25 i CA Satbir Singh
Your ITR Intimation u/s 143(1) Income Tax Return Processing AY 2024-25 i CA Satbir Singh intimation sec 143(1) difference intimation sec 143(1) details intimation sec 143(1) download intimation sec 143(1) explained intimation sec 143(1) explanation intimation sec 143(1) example intimation sec 143(1) form intimation sec 143(1) full form intimation sec 143(1) filing intimation sec 143(1)… Read More »
Income Tax on Cash Received from relative and deposited In Saving Bank account
Income Tax on Cash Received from relative and deposited In Saving Bank account
No Tax on Cash Deposit received from Relatives if affidavits given for it : ITAT
IN THE ITAT AHMEDABAD BENCH ‘SMC’ Sakina Ahmedali Kantavala v. Income-tax Officer MS. SUCHITRA KAMBLE, JUDICIAL MEMBER AND MAKARAND V. MAHADEOKAR, ACCOUNTANT MEMBER IT APPEAL NO. 41 (AHD.) OF 2024 [ASSESSMENT YEAR 2017-18] MAY 28, 2024 S.K. Sadhwani , AR for the Appellant. N.J. Vyas , Sr. DR for the Respondent. ORDER Makarand V. Mahadeokar, Accountant Member – The present appeal has… Read More »
New update File Income Tax Return after 15th June I AY 2024 -25
New update File Income Tax Return after 15th June I AY 2024 -25