Judgement

The Bombay High Court has directed all ITAT benches to strictly comply with Rule 34 by pronouncing reserved orders within the prescribed 90-day limit.

High Court Pulls Up ITAT Over Repeated Non-Compliance With Rule 34; Directs to Pronounce Orders Within 90 Days

Articles

Know whether you can have multiple Savings Accounts in India, their benefits, and when opening another account makes financial sense.

How Many Savings Accounts Can You Have - and Should You?

News

Everest Industries has received a GST show cause notice proposing a tax demand of Rs 3.17 crore for FY 2022-23 over alleged GST, ITC and compliance-related discrepancies.

Everest Industries Receives Rs 3.17 Crore GST Show Cause Notice; Company to Contest Allegations

The Delhi ITAT quashed reassessment proceedings against taxpayer holding that reopening cannot survive when no addition is made on the original issue forming the basis of reassessment.

ITAT Quashes Reassessment After AO Fails to Make Addition on Original Reopening Issue

The ITAT Ahmedabad Directs AO to Grant Foreign Tax Credit Despite Delay in Filing Form 67


ITAT Rules Late Filing of Form 67 Cannot Defeat Foreign Tax Credit Claim Under Section 90 

The ITAT set aside an ex-parte income tax assessment and directed the AO to conduct a fresh hearing after providing a fair opportunity to the taxpayer.

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High Court Pulls Up ITAT Over Repeated Non-Compliance With Rule 34; Directs to Pronounce Orders Within 90 Days

How Many Savings Accounts Can You Have - and Should You?

Everest Industries Receives Rs 3.17 Crore GST Show Cause Notice; Company to Contest Allegations

ITAT Quashes Reassessment After AO Fails to Make Addition on Original Reopening Issue

ITAT Rules Late Filing of Form 67 Cannot Defeat Foreign Tax Credit Claim Under Section 90

ITAT Sets Aside Ex-Parte Income Tax Assessment for Breach of Natural Justice