MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th December, 2021 INCOME-TAX G.S.R. 851(E).—In exercise of the powers conferred by clause (4E) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby makes the following rules… Read More »
New Order Income Tax I Disallowance of House Renovation Cost on Enquiries with Neighbour I CA Satbir Download Click here Whether Cost of Improvement of House can be denied based on enquiries made with neighbour ? Facts of the Case Assessee had purchased a flat and incurred expenditure on renovation of house and claimed… Read More »
Income Tax Department conducts search operations in Gujarat Posted On: 10 DEC 2021 The Income Tax Department initiated search and seizure operation on 03.12.2021 on a prominent group of Surat, engaged in the business of construction of residential and commercial complexes, land transactions as well as real estate financing. The search action covered more than 40 premises spread over… Read More »
Income Tax Department conducts search operations in West Bengal Posted On: 10 DEC 2021 The Income Tax Department initiated search operation in the case of two major manufacturers and suppliers of refined lead, lead alloys and lead oxides on 07.12.2021. The search operation covered 24 premises spread over in the states of West Bengal and Uttar Pradesh. During… Read More »
Invalid Return in Income Tax Act & Case Laws on it I CA Satbir Singh
New Order in GST I Validity of NOTICE issued to DRIVER I Detention of Goods I CA Satbir Singh Download Click here Validity of Show Cause Notice and order under GST issued exclusively to the Driver of Vehicle Facts of the Case GST Authorities detained the truck along with the goods because bill & E-way… Read More »
Income Tax Return I Home LOAN INTEREST Set off from SALARY INCOME I CA Satbir Singh
New Order I GST Refund can be filed Manually ,Online filing not mandatory I CA Satbir Singh Download Click here Facts of the Case Refund application filed online but due to inability to upload, Statement 5B filed manually But refund application were returned without being processed with an instruction that a refund application… Read More »
No Income Tax Addition if Books of Accounts Lost I CA Satbir Singh Download Click here
Tally Prime Shortcut Keys to Hide Line & Show Line I CA Satbir Singh