Addition u/s 68 for jewellery purportedly received on death of grandparent under Will upheld. In a recent judgment, ITAT upheld…
Supreme Court lays down tests to determine whether a debt is a financial debt or an operational debt under IBC…
Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…
Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…
Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of current FMV to be further…
ITAT directed AO to serve notice of hearing both through electronic and physical mode upon the assessee In a recent…
ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024 ICAI, has decided that from…
Extension of due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 CBDT has further extended…
High Court sets aside revisionary order purportedly passed earlier but dispatched after written Submissions were filed In a recent judgment,…
Assessment u/s 147 on the basis of seized material found during search of third party void ab-initio - ITAT In…