Day: March 24, 2025

Reassessment quashed as the alleged transaction were clearly mentioned, reflected and contained in the Income Tax Returns filed by the assessee. In a recent judgment, Hon’ble High Court of Karnataka quashed reassessment proceedings as the transactions referred to in notice u/s 148A(b) and order passed u/s 148A(d) were …

EPFO invites RFP for appointment of CA Firm for FY 2024-25 for preparation of Annual Financial Statements and automation. EPFO has invited Request for Proposals (RFP) for appointment of Chartered Accountant Firm for FY 2024-25 as Consultant for Preparation of Annual Financial Statements of Employees’ Provident Fund Organisation …

Penalty order quashed as show cause notice and opportunity of personal hearing was wrapped up in 48 hours In a recent judgment, Hon’ble High Court of Himanchal Pradesh quashed penalty order as the show cause notice and opportunity of personal hearing was wrapped up in 48 hours. ABCAUS …