Vanshika

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Delay Due to COVID, Counsel’s Demise Accepted: ITAT Restores Assessee’s Appeal

Delay Due to COVID, Counsel's Demise Accepted: ITAT Restores Assessee's Appeal The Income Tax Appellate Tribunal (ITAT), Chennai 'D' Bench, has given relief to the...

CBDT Corrects Errors in Income Tax Return Form 5 [Read Notification]

CBDT Corrects Errors in Income Tax Return Form 5 The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue)...

Gujarat Plans to Digitally Track ITC Scam Using Advanced AI Model

Gujarat Plans to Digitally Track ITC Scam Using Advanced AI Model The Gujarat government is planning to use Artificial Intelligence (AI) to stop GST input...

Rs 1.5 Crore Tax Penalty: Vijay Approaches Madras HC Again

Rs 1.5 Crore Tax Penalty: Vijay Approaches Madras HC Again Famous Actor and TVK chief Vijay AKA "Vijay Thalapathy", has approached the Madras High Court...

CBDT Issues Corrigendum to Notification of Income Tax Return Form 7

CBDT Issues Corrigendum to Notification of Income Tax Return Form 7 The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of...

General Insurance Corporation of India Faces Rs 350.47 Crore Tax Demand

General Insurance Corporation of India Faces Rs 350.47 Crore Tax Demand General Insurance Corporation (GIC), India’s sole domestic reinsurance company, recently issued a disclosure to...

ITAT Deletes Penalty Where Additions Are Based on Estimation Alone

ITAT Deletes Penalty Where Additions Are Based on Estimation Alone The ITAT confirmed that the penalty should be removed, holding that no penalty can be...

ITAT: Wrong Schedule Entry in ITR Does Not Justify Addition of Foreign Contribution

ITAT: Wrong Schedule Entry in ITR Does Not Justify Addition of Foreign Contribution The ITAT held that a foreign contribution wrongly reported in an incorrect...

High Court Sets Aside GST Notice Citing Factual Errors and Natural Justice Violations

High Court Sets Aside GST Notice Citing Factual Errors and Natural Justice Violations The High Court quashed the show cause notice against the petitioner, as...

Unexplained Cash Credits: ITAT Reverses CIT(A) Deletion of Rs 1.97 Crore Addition

Unexplained Cash Credits: ITAT Reverses CIT(A) Deletion of Rs 1.97 Crore Addition The Tribunal allowed the Income Tax Department’s appeal, holding that the CIT(A) wrongly...

Assessment Order Passed in Name of Merged Entity Held Void Ab Initio: ITAT

Assessment Order Passed in Name of Merged Entity Held Void Ab Initio: ITAT The Tribunal held that an assessment order passed in the name of...

Opportunity to Reply Restored: High Court Remits ITC Dispute for Reconsideration

Opportunity to Reply Restored: High Court Remits ITC Dispute for Reconsideration The High Court has set aside the ex parte GST adjudication order against the...

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