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Rajasthan High Court – Jodhpur – No coercive steps for recovery of GST Once surrender / confession is retracted as the liability of the petitioner towards non-payment/evasion of GST has not been determined as per the procedure provided under Section 74 of the CGST Act which have to be followed. Decision In the case of Dhariwal Products vs Union Of India on 9 February, 2022

Rajasthan High Court – Jodhpur – No coercive steps for recovery of GST Once surrender / confession is retracted as the liability of the petitioner towards non-payment/evasion of GST has not been determined as per the procedure provided under Section…
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GST, Section 74

February 10, 2022

Power of attorney-Kindly click the link and do as per guidance given.

Dear sir, Kindly click the link and do as per guidance given. power-of-attorney

Articles, formalities to be completed, GST, HOW TO, Office system

February 3, 2022

Deduction u/s 80DD of the income tax act FCA BPMUNDRA 9314501680

Deduction u/s 80DD of the income tax act FCA BPMUNDRA 9314501680 1. Meaning of Dependant A. When assessee is individual -spouse, children, parents, brothers & sisters. B. When assessee is a HUF : members of the HUF. 2. Conditions:- A.Allowed…
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January 25, 2022

Can cash credit account be provisionally attached in exercise of powers under Section 83 of the Central Goods and Services Tax Act, 2017? HIGH COURT OF GUJARAT passed the order on this issue on Jan 5, 2022.

Can cash credit account be provisionally attached in exercise of powers under Section 83 of the Central Goods and Services Tax Act, 2017? HIGH COURT OF GUJARAT passed the order on this issue on Jan 5, 2022. MANISH SCRAP TRADERS…
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cash credit account, provisionally attachment, Recovery of arrears, Section 83

January 19, 2022

Whether Penalty u/s 272a(2)(e) imposed is justified for Late / Non-filing of ITR when the Assessee was under the bona fide belief that ITR was not required to file since its incomes is exempt under s. 10(23C)(iiiab)? ITAT Jaipur passed the order on this issue on 24 May, 2021. For full order kindly click the link to get full order.

Whether Penalty u/s 272a(2)(e) imposed is justified for Late / Non-filing of ITR when the Assessee was under the bona fide belief that ITR was not required to file since its incomes is exempt under s. 10(23C)(iiiab)? ITAT Jaipur passed the order…
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10(23C)(iiiab), 11, 12, 139(4A), 272A(2)(e0, 273B, In Favour of Assessee, Jaipur Tribunal

January 18, 2022

Consequences when reassessment is based on a reconsideration of material already available on record at the time of the original assessment proceedings? The BOMBAY HIGH COURT passed the order in the case of Infinity.Com financial securities Ltd. v. ACIT on 20 December, 2021. Section 147,148, 143(3)

Consequences when reassessment is based on a reconsideration of material already available on record at the time of the original assessment proceedings? The BOMBAY HIGH COURT passed the order in the case of Infinity.Com financial securities Ltd. v. ACIT on 20…
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143(3), 147, 148

January 6, 2022

Search conducted / survey or requisition cases on or after 1st April, 2021- Assessment shall be framed under section 147 read with section 148, 148A, 149,151 of the Income Tax Act’ 1961. Explanation 2 of Section 148. FCA BPMUNDRA

FCA BPMUNDRA 93145 01680, 70141 24100 Senior partner B. P. Mundra & Co.‎ Mobile Chartered Accountants ‎822 A, Mundra House, Shivaji Nagar, Near Hanuman Temple, Civil Lines, Jaipur‎-302006 Ph.No. (O) 2225110, 2225116, 2224085 bpmundra2@gmail.com url www.bpmundraca.com Search conducted, survey or…
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147, 148, 148A, 149, 151, Articles

December 31, 2021

Table showing due date of return as per Circular No. 1712021 Dated 9 September, 2021

B. P. Mundra & Co.‎ Mobile 9314501680, 9314501791‎, 8561948425 Chartered Accountants ‎822 A, Mundra House, Shivaji Nagar, Near Hanuman Temple, Civil Lines, Jaipur‎-302006 Ph.No. (O) 2225110, 2225116, 2224085 bpmundra2@gmail.com url bpmundraca.com Table showing due date of return as per Circular…
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December 31, 2021

The assessee requested to the Ld. AO to furnish the statement recorded u/s. 132(4) of the Act which was not provided and the assessee retracted the statement through an affidavit confirming that the search officers recorded contrary to the answer given by them and such statements are not voluntarily and not the reliable evidence as signed under pressure. Further there is no independent and cogent evidence to corroborate the statement.The moot question in these circumstances that whether these statements are voluntarily and can be considered as reliable evidence. ITAT Pune decided on 24 June, 2021 in the case DCIT vs Shikshana Prasaraka Mandali. Kindly click the link to get full order. FCA bpmundra 9314501680 bpmundra2@gmail.com.

An assessee has not filed the appeal. Now while filing cross objection on appeal filed by the department the assessee submit an application in Rule 27 of the Appellate Tribunal Rules raising a new ground on which neither any decision rendered by…
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132, 132(4), AY 2005-06, AY 2006-07, AY 2007-08, In Favour of Assessee, incriminating material, Pune Tribunal, Satisfaction

December 25, 2021

An assessee has not filed the appeal. Now while filing cross objection on appeal filed by the department, the assessee submit an application in Rule 27 of the Appellate Tribunal Rules raising a new ground on which neither any decision rendered by the CIT(A) nor such ground was raised in appeal to CIT(A). The moot question is can the assessee file an application? ITAT Pune decided on 24 June, 2021 in the case DCIT vs Shikshana Prasaraka Mandali. Best Course of action is to file appeal and if there is delay in appeal then file with an application of condonation of delay. Kindly click the link to get full order. FCA bpmundra 9314501680 bpmundra2@gmail.com.

An assessee has not filed the appeal. Now while filing cross objection on appeal filed by the department, the assessee submit an application in Rule 27 of the Appellate Tribunal Rules raising a new ground on which neither any decision rendered by…
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132, 132(4), AY 2005-06, AY 2006-07, AY 2007-08, AY 2008-09, AY 2009-10, AY 2010-11, AY 2011-12, In Favour of Assessee, Pune Tribunal, retraction, Statement

December 25, 2021