Friends, From April 6, 2018 exporters is not needed to submit any document physically to the jurisdictional office for acceptance of LUT. Full circular is as under:- Circular No. 40/14/2018- GST F. No. 349/82/2017-GST Government of India Ministry of Finance…
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Friends on Mar 21, 2018 it has been held that if a document found during the course of search does not mention the name of the assessee, does not bear the signature of the assesee, not in the handwriting of the…
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Friends, it has been held that Once Settlement Commission has completed proceedings, its order has to be considered conclusive as regards matters “stated therein” per Section 245I and reopening any proceeding in respect of matters covered in order would be…
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Huge withdrawal was for a purpose and objective. From the beginning the explanation given was that withdrawal was to pay earnest money for purchase of immovable property, which deal did not fructify. Explanation given was not fanciful and sham story….
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When any document or details was filed by assessee in pursuance to direction of CIT(A) then there would be no violation of Rule 46A. INCOME TAX OFFICER vs. WAII INFRA PRIVATE LIMITED GAUHATI TRIBUNAL N.S. SAINI, AM & PAVAN KUMAR…
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Recording of satisfaction is sine qua non for initiating proceedings u/s. 153C . In absence of any material to show receipt of consideration by assessee, no addition to income of assessee. In absence of any material to show that any…
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friends, on 16.3.2018, Delhi Tribunal held in In case of completed assessment While making assessment under section 153A only on the basis of the recovery of incriminating material found during the course of search ASSISTANT COMMISSIONER OF INCOME TAX vs….
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