Answers to queries on legal issues
Interest on advances and applicability of Sec 44AD. | |
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Subject: | Interest on advances and applicability of Sec 44AD. |
Category: | Income-Tax |
Asked by: | Govind Agrawal |
Answered by: | Research Team |
Tags: | change of opinion, Interest, Reassessment |
Date: | April 4, 2024 |
Excerpt of answer: |
The action of the Assessing Officer is not justified . One has to study whether the reopening notice is issued by following the due process of law . If the assessment was completed earlier under section 143(3) , whether any specific question was raised in the course of assessment . Even under the new provision… (read more)
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Penalty U/SEc. 271(1)(c) of the Act | |
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Subject: | Penalty U/SEc. 271(1)(c) of the Act |
Category: | Income-Tax |
Asked by: | prakash |
Answered by: | Advocate Neelam Jadhav |
Tags: | concealment, penalty |
Date: | April 2, 2024 |
Excerpt of answer: |
When the claims and figures are noticeable to the Assessing officer concerning the disallowance, then there is no failure on the part of the Assessee for concealment or furnishing inaccurate particulars of income which leads to a penalty under section 271(1)(c ). Further, when the assessee preferred a claim, it was up to the authorities… (read more)
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govt job recruitment | |
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Subject: | govt job recruitment |
Category: | Allied Law, General Law |
Asked by: | N.K. Dhar |
Answered by: | Research Team |
Tags: | GOVT job, recruitment process |
Date: | April 2, 2024 |
Excerpt of answer: |
Now because of election the process may be kept in hold . The aggrieved candidate may file RTI asking the specific reply . Once reply is received the candidates may consider filing PIL before respective High Court . (read more)
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Wrong assessment order u/s 148 | |
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Subject: | Wrong assessment order u/s 148 |
Category: | Income-Tax |
Asked by: | Santosh |
Answered by: | Research Team |
Tags: | appeal, appeal before first appellate authority, Revision, Wrong assessment |
Date: | April 2, 2024 |
Excerpt of answer: |
It may be desirable to file an application under section 264 of the Income tax Act . In case the revision application is rejected the assessee can file writ before the High Court . When an revision application is filed the CIT is bound to pass the order within specified time limit . There is… (read more)
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refund | |
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Subject: | refund |
Category: | Income-Tax |
Asked by: | vinod daga |
Answered by: | Research Team |
Tags: | Direct Tax Vivad Se Vishvas Scheme., Refund, writ petition |
Date: | April 2, 2024 |
Excerpt of answer: |
Make an application before the Administrative Commissioner and also Central Board of Direct taxes . If no reply is received within a reasonable time file writ before the High court . (read more)
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Levy of Penalty U/SEc. 270A(9) | |
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Subject: | Levy of Penalty U/SEc. 270A(9) |
Category: | Income-Tax |
Asked by: | prakash |
Answered by: | Reply of the Expert is awaited; |
Tags: | penalty |
Date: | April 2, 2024 |
Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
about composition scheme for manufacturer | |
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Subject: | about composition scheme for manufacturer |
Category: | GST |
Asked by: | amsco |
Answered by: | Advocate C.B.Thakar |
Tags: | composition scheme for manufacturer, GST COMPOSITION SCHEME |
Date: | April 2, 2024 |
Excerpt of answer: |
The definition of ‘manufacture’ in section 2(72) is as under: “(72)- ’manufacture’ means processing of raw material or inputs in any manner that results in emergence of a new product having a distinct name, character and use and the term ‘manufacturer’ shall be construed accordingly;” Normally the pan vendor do not sale plain pan. He… (read more)
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high court set aside the case of the assessee u/s 148A(d) | |
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Subject: | high court set aside the case of the assessee u/s 148A(d) |
Category: | Income-Tax |
Asked by: | dk |
Answered by: | Reply of the Expert is awaited; |
Tags: | reopening of assessment |
Date: | April 2, 2024 |
Excerpt of answer: | Reply of the Expert is awaited. Please check back later |
Ex-party 147 order 144 | |
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Subject: | Ex-party 147 order 144 |
Category: | Income-Tax |
Asked by: | Ramachandra Rao k |
Answered by: | Research Team |
Tags: | Ex parte order, remedy |
Date: | March 24, 2024 |
Excerpt of answer: |
If the ex parte order is passed without giving any reasonable opportunity of hearing , the assessee can file writ before the High Court . The assessment will be faceless unit unless it is search and seizure matter . The payment of 20% of tax in dispute is not mandatory . It is the duty… (read more)
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Refund | |
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Subject: | Refund |
Category: | Income-Tax |
Asked by: | SUNIL BHATIA |
Answered by: | Research Team |
Tags: | Refund, return |
Date: | March 21, 2024 |
Excerpt of answer: |
The assessee has to file the return showing the correct income including the refund if any payable to the assesseee. (read more)
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