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Recent Posts
- Section 16(5) Overrides Deadlines: ITC for 2017-21 is Valid if Filed by Nov 2021.
- High Court: GSTAT Must Independently Decide Intermediary Status Without Being Bound by Prior AAAR Orders.
- IoT Tracking Devices Dependent on GPS are Classified as “Radio Navigational Aid Apparatus
- Section 43B Cannot Disallow Unpaid Tax If It Was Not Claimed As An Expense in P&L.
- Penalty Time-Barred After 6 Months of AO’s Reference; Excel Summaries Insufficient to Prove Cash Violations.
- Penalty Time-Barred After 6 Months of AO’s Reference; Excel Summaries Insufficient to Prove Cash Violations.
- Infrastructure EPC Firms Qualify as Developers; Physical Goods Movement Disproves “Bogus Purchase” Allegations.
- Supreme Court Confirms Lessors are Entitled to Depreciation; Slaps Cost on Revenue for Delayed Appeal.
- AO Can Reopen Non-Filer Cases Based on Form 26AS, But Cannot Arbitrarily Estimate Profit Rates.
- Form 29B User Manual
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