ITAT deleted addition made on the presumption that there cannot be loss in restaurant business. In a recent judgment, ITAT deleted addition made on the presumption that there cannot be loss in restaurant business ABCAUS Case Law Citation:ABCAUS 3963 (2024) (04) ITAT In the instant case, the assessee …
ITAT upheld taxing rent of plot of land as income from other sources in the absence of proof of any structure thereon In a recent judgment, ITAT upheld taxing of rent of plot of land as income from other sources as assessee could not prove that there existed …
Application invited for special public prosecutors to represent the Income Tax Department in North-Eastern Region. The Income Tax Department, North Eastern Region has invited applications from eligible advocates for empanelment as Special Public Prosecutors to represent the Income Tax Department before the Courts of Session and its subordinate …
Dakshin Bihar Gramin Bank invites application for concurrent Audit / Revenue Audit for FY 2024-25. Dakshin Bihar Gramin Bank has invited applications from Chartered Accountants / Cost Accountants for concurrent Audit for FY 2024-25. Dakshin Bihar Gramin Bank is a leading Regional Rural Bank of Bihar owned by …
Notice u/s 148 quashed as time period to issue notice u/s 143(2) for conducting assessment u/s 143(3) had not expired. In a recent judgment, Hon’ble Bangalore ITAT has quashed notice u/s 148 as the time period to issue notice u/s 143(2) for conducting assessment u/s 143(3) had not …
How to opt out from New Tax Regime and choose old tax regime for AY 2024-25. Step by step procedure for option to be exercised u/s 115BAC With effect from Assessment Year 2024-25 (FY 2023-24), the new tax regime under section 115BAC has been made as the default …