Tag: Budget

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Human Error In Mentioning Place Of Delivery In E-Way Bill: Allahabad High Court Quashes Penalty Under GST

The Allahabad High Court quashed the penalty under GST while stating that there was human error in mentioning place of delivery in e-way bill.The...

Income Tax Addition Can Be Made Only On Proper Proof Of Bogus Purchases: Bombay High Court

The Bombay High Court has ruled that the income tax addition could be made only on the basis of proper proof of bogus purchases.The...

AO Can’t Interfere In The Method Selected For The Valuation Of Shares: Bangalore ITAT

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the AO cannot interfere in the method selected for the valuation of the shares.The...

Transfer Of Title Of Goods By Panasonic To Its Customers In DTA Is Not A Supply: Tamil Nadu AAR

Author: Khushi J PrajapatiThe Tamil Nadu Authority for Advance Ruling (AAR) ruled that the transfer of title of goods by Panasonic to its...

ITAT Allows Loss On Account Of Error Trading Transaction To Morgan Stanley

In a major relief to Morgan Stanley India Company Ltd., the Income Tax Appellate Tribunal (ITAT), Mumbai Bench allowed loss on account of error...

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