Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Reopening of assessment - reasons to believe - The officer merely refers to the financials, Form 3CD, profit and loss account, computation statement and the details furnished during original scrutiny. Thus, there is no new or tangible information that has come to the notice of the authority to justify re-assessment as all relevant information was well available with the original authority. - Further, Profit and Loss Account and the Balance Sheet are not the books of account - HC
Reopening of assessment - reasons to believe - The officer merely refers to the financials, Form 3CD, profit and loss account, computation statement and the details furnished during original scrutiny. Thus, there is no new or tangible information that has come to the notice of the authority to justify re-assessment as all relevant information was well available with the original authority. - Further, Profit and Loss Account and the Balance Sheet are not the books of account - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
