Finest order to guide your flight, lodge and automobile rental

picture, Gaudi Lab ,Shutterstock, While you Budgeting in Your Pre-Journey Spreadsheet, you most likely guide flights prematurely. Airline tickets are often the most costly facet of journey, and it is simple to purchase them first after which plan your automobile rental and lodge lodging from there. Nonetheless, this sequence of operations might value you dearly. … Read more

Acceptance of revenue returned by AO after due scrutiny: ITAT quashes revision order

By Kalyani B Slim , September 30, 2022 at 11:11 am The Revenue Tax Appellate Tribunal Bangalore (ITAT) has put aside the revision order of the Principal Commissioner of Revenue Tax (PCIT) because the return of revenue was allowed by the Assessing Officer (AO) after due inquiry. The assessee, M/s. Karthik Property is a partnership … Read more

Court docket stays authorities order to take away two members of BU Syndicate

HC stays authorities order to take away 2 BU Syndicate members Ambareesh B, DHNS, Bangalore, April 13 2022, 01:04 Est Up to date: Apr 13 2022, 04:01 EST The Excessive Court docket on Tuesday stayed the operation of the state authorities’s order that eliminated Dr Govindaraju and Prem Sohanlal as syndicate members of Bangalore College. … Read more

Acceptance of data by assessee at supply of money deposit by AO with out investigation: ITAT upholds modification order

By Kalyani B Slim , 26 September 2022 at 12:06 pm The Earnings Tax Appellate Tribunal (ITAT), Bangalore upheld the modification order by the Principal Commissioner of Earnings Tax (PCIT) as there was acceptance of data by the assessee on the supply of money deposit with out investigation by the Assessing Officer (AO). The assessee, … Read more

ITAT upheld the order of CIT(A)

By TaxScan Crew , 25 September 2022 at 7:39 pm The Delhi Bench of the Revenue Tax Appellate Tribunal (ITAT) has held that the evaluation order on a standalone foundation just isn’t sustainable regardless of the actual fact of amalgamation and upheld the order of CIT(A). Income challenged the orders of the Commissioner of Revenue … Read more

Cheap alternative not given earlier than rejection of declare below part 80IA, order by AIDT isn’t maintainable: ITAT

By Yogita S. Yogesho , 25 September 2022 at 6:03 am The Earnings Tax Appellate Tribunal (ITAT) Chennai Bench has held that the order of AIDT wouldn’t be maintainable because it was dismissing the declare below Part 80IA of the Earnings Tax Act, 1961 with out giving an inexpensive alternative. The appellant, M/s PSK Engineering … Read more

Waiver of legal responsibility by order of BIFR is a capital legal responsibility, can’t be taxed as enterprise revenue: ITAT

By TaxScan Workforce , September 24, 2022 at 8:28 am The Chennai Bench of the Revenue Tax Appellate Tribunal (ITAT) has held that the exemption of legal responsibility by order of the Board of Industrial and Monetary Reconstruction (BIFR) is a capital legal responsibility, and can’t be taxed as enterprise revenue. Appellant, M/s. Arcot Textiles … Read more

Gumi mission expands to US after receiving buy order from

article materials Vancouver, British Columbia- (Newsfile Corp. – September 22, 2022)- gummy mission (CSE: GUMY) (FSE: 0OS) (OTCQB: GUMYF) (“Gummy” both “firm”) It’s happy to announce that it has obtained a purchase order order from the 5-star luxurious 4 Seasons Resort San Francisco to be the provider of gummies for every of the lodge’s 277 … Read more

Not relevant not on flats offered with out actual property enterprise: ITAT cancels revisional order

By Gayatri CH , twenty first September 2022 at 8:27 pm The Earnings Tax Appellate Tribunal (ITAT), Mumbai, in a writ petition filed earlier than it lately, put aside an modification order holding that notional hire wouldn’t be relevant to unsold flats for actual property enterprise. The above choice was taken by the court docket … Read more

Withdrawal of curiosity on refund u/s 244A(2) is out of the purview of rectification u/s 154: ITAT quashes order

By Gayatri CH , twenty first September 2022 at 8:32 pm The Revenue Tax Appellate Tribunal (ITAT), Bench Mumbai, in a writ petition filed earlier than it not too long ago, has held that the withdrawal of curiosity on refund underneath part 244A(2), as per the provisions of the rectification, is out of scope. Part … Read more