CBDT notifies procedures for allotment of PAN to an LLP incorporated by filing of Form Fillip.
Notification No. 04/2020, dated 26-07-2022.
Change of method of accounting form mercantile to cash can’t be a reason to disallow claim of bad debts.
L.K.P. Merchant Financing Ltd. v. DCIT – [2022] 140 taxmann.com 548 (Bombay).
CBDT notified ‘Prescribed Authority’ for e-Verification Scheme, 2021.
Order F. No. 282/04/2022/IT (Inv. v), Pt. II 13, dated 20-07-2022.
Pr. CCIT to admit belated applications in Form Nos. 9A, 10, 10B, 10BB if delay is upto 3 years.
Circular Nos. 15 to 17 of 2022, dated 19-07-2022.
Sale of property reported by ‘Mahesh Bhupathi’ in ITR does not absolve buyer’s liability to deduct tax u/s 195.
Nitesh Estates Ltd. v. ADIT – [2022] 140 taxmann.com 400 (Bangalore-Trib.).
When two views are possible and AO has accepted one, PCIT cannot assume jurisdiction u/s 263.
Jai Prakash Garg v. PCIT, 2022-TIOL-768-ITAT-DEL.