Day: August 10, 2024
AOP granted benefit of basic exemption limit by the ITAT holding that Maximum Marginal Rate was not applicable. In a recent judgment, ITAT Lucknow has held that AOP was entitled to the benefit of the basic exemption limit which was denied by CPC applying the Maximum Marginal Rate. …
Bank of Maharashtra Concurrent Audit online empanelment FY 2024-25 BANK OF MAHARASHTRA has invited applications from practicing firms of Chartered Accountants in Ratnagiri District in Maharashtra State, for empaneled as Concurrent Auditors/Revenue Auditors of the Bank for specified branches/offices/key risk areas for FY 2024-25. Link for applying Click …
Change of address in PAN Card not result change in Jurisdictional Assessing Officer automatically – High Court In a recent judgment, Hon’ble Patna High Court has held that change of address in PAN data base only facilitates service of notice in the changed address and it does not …
Hardship compensation received from builder not taxable being capital receipt – ITAT In a recent judgment, ITAT Mumbai has held that hardship compensation received from builder on redevelopment of flat was not taxable being in the nature of a capital receipt. ABCAUS Case Law Citation:4202 (2024) (08) abcaus.in …
Permission to persons resident outside India for purchase of Sovereign Green Bonds in the International Financial Services Centre (IFSC) in India RBI allows permission to persons resident outside India for purchase of Sovereign Green Bonds in the International Financial Services Centre (IFSC) in India. In keeping with the …
