Cases Income tax

• 148 REASON RECORDED

• 148 Notice cases Note Sheet

• Please click the link to download the power of attorney required in 148 CASES

• Consequences if one fails to furnish three consecutive returns of GST and the department cancels the registration?

• Q: Whether outstanding demand from a company can be recovered u/s 179 from the director of the company without pointing out that non-recovery was on account of gross negligent, misfeasance or breach of duty on part of the Director in relation to the affairs of the company? The answer was given by The Hon’ble High Court Of Gujarat on dated 16.12.2022

• Q: Can income tax officer order for Provisional attachment of cash, bank, any property belonging to the assessee? HIGH COURT OF GUJARAT passed the order on dated 29/11/2022.

• Question Whether van rent received and paid by the educational institute appearing in both side of income of expenditure account will be counted for calculating turnover of the assessee to allow the benefit U/s 10(23C) of the Act. ITAT AMRITSAR BENCH, AMRITSAR passed the order on 10.8.2022 in thc case of Baba Farid Public Welfare Society vs. ITO (Exemptions), Ward, Amritsar

• Whether claim not made in ITR, can be made before the appellate authorities? ITAT, RAIPUR BENCH, RAIPUR passed the order on 02.02.2022.

• Please deposit employees’ contribution deducted on or before the due date otherwise the right to claim such sums as allowable deduction while computing the income was lost forever. Income Tax Act, 1961. Sections 36(1)(va), 43B – Very important Hon’ble Supreme Court decision on October 12, 2022

• Question: Whether assessment order would be void ab initio when the ld. Assessing Officer failed to issue a notice under section 143(2) of the Income Tax Act. Further whether procsseding u/s 263 action can be taken: ITAT KOLKATA decided the issue on 27.8.2022