• Income Tax

Claim of exemption u/s 10(26) for Tribal Person remitted as PAN wrongly applied as Partnership

1 year ago

Claim of exemption u/s 10(26) for Tribal Person remanded when by ignorance PAN was wrongly applied in the name of…

  • Companies Act

Private companies to issue dematerialised securities till extended date 30.06.2025

1 year ago

Relief to private companies for issue of dematerialised securities. Date extended to 30th June, 2025.”. MINISTRY OF CORPORATE AFFAIRS Notification …

  • Income Tax

New Income Tax Bill 2025 nearly doubles existing sections of 1961 Act. Download Bill & FAQs

1 year ago

New Income Tax Bill 2025 nearly doubles existing sections of 1961 Act. Download copy of Bill and read FAQs on…

  • Service Tax

No service tax leviable on sale of lottery tickets– Supreme Court

1 year ago

No service tax leviable on transactions between purchaser of lottery tickets and Government of Sikkim – Supreme Court   In…

  • SEBI

SEBI fixes responsibility for use of artificial intelligence

1 year ago

SEBI fixes responsibility for use of artificial intelligence and machine learning tools and techniques SEBI has notified he Securities and…

  • Income Tax

Without recalling earlier order, fresh rectification order u/s 154 can not be passed

1 year ago

Without recalling earlier order, fresh rectification order u/s 154 can not be passed In a recent judgment, Allahabad High Court…

  • Income Tax

Annual Statement u/s 285 by a non-resident to be furnished within eight months

1 year ago

Annual Statement u/s 285 by a non-resident to be furnished within eight months  Under section 285 of the Income Tax…

  • Income Tax

Possibility of penalty proceedings cannot be kept pending like a Damocle’s sword – High Court

1 year ago

Possibility of initiating proceedings against an assessee cannot be kept pending over his head like a Damocle’s sword – Penalty…

  • Income Tax

Time spent proceedings against deceased assessee can’t be set off for limitation against LR

1 year ago

There is no provision in Income Tax Act for discounting the time spent during the pendency of proceedings against the…

  • GST

Procedure in case of departmental appeal against interest/penalty related to Section 128A

1 year ago

Procedure to be followed in department appeal filed against interest and/or penalty only, related to Section 128A of the CGST…