No only writ can be filed . (read more)

The Payment of ocean freight and IHC are not subjected to TDS by virtue of the provisions of Section 172. The CBDT vide Circular No.723 dated 19/09/1995 has clarified that a deduction of TDS was not required. In the case of Pr. CIT vs. Bajaj Herbals (P.) Ltd. [2023] 148 taxmann.com 147 (Guj)(HC) non-resident ship-owners… (read more)

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)

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)