• Income Tax

Addition of income or levy of taxes or denial of exemption, burden of Revenue Authority – ITAT

1 year ago

Addition of income or levy of taxes or denial of exemption would be a burden of the Revenue Authority –…

  • Income Tax

Revenue cannot approbate and reprobate at the same time-ITAT deleted addition

1 year ago

Revenue cannot approbate and reprobate at the same time-ITAT deleted addition of commission on alleged bogus sale and purchase In…

  • RBI

Borrower’s consent not required for credit information sharing by banks

1 year ago

Borrower’s consent not required for credit information sharing by banks. RBI issues the Master Direction – Reserve Bank of India…

  • CA CS CMA

ICAI debars seven chartered accountants for professional misconduct

1 year ago

ICAI debars seven chartered accountants for charges of professional misconduct ICAI has held seven Chartered Accountants guilty of committing Professional…

  • Empanelment

Online Empanelment of CA firms/LLPs with CAG for 2025-26 year from 07.01.2025 to 17.02.2025

1 year ago

Online empanelment of CA firms / LLPs firms with CAG for the year 2025-26 to be available on CAG website…

  • Income Tax

Deduction u/s 80JJAA allowed by submission without filing revised return of income

1 year ago

ITAT allows deduction for employment of new workmen u/s 80JJAA by way of submission despite not filing revised return of…

  • Income Tax

Addition u/s 68 deleted for cash collection from exhibition of films in theaters

1 year ago

Addition u/s 68 for cash collection from exhibition of films in the theaters deleted as the amount was duly recorded…

  • GST

ITC for goods  delivered  by  supplier  at  his  place  of business under Ex-Works Contract

1 year ago

ITC for goods  delivered  by  supplier  at  his  place  of business under Ex-Works Contract CBIC has issued Circular No. 241/35/2024-GST…

  • GST

Place of supply of Online Services to unregistered recipients – Clarification by CBIC

1 year ago

CBIC Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients CBIC has…

  • GST

CBIC clarification on reversal for ITC availed by electronic commerce operators

1 year ago

CBIC clarification on reversal for ITC availed by electronic commerce operators CBIC issues Circular No. 240/34/2024-GST dated 31.12.2024 clarifying in…