• Income Tax

Incorrect claim not willful evasion, can be erroneous interpretation of law

1 year ago

Incorrect claim or erroneous claim not willful evasion, in certain circumstances can be erroneous interpretation of law.  In a recent…

  • Income Tax

CBDT extends due date for furnishing belated/revised return for AY 2024-25

1 year ago

Extension of due date for furnishing belated/revised return of income for the Assessment Year 2024-25 CBDT extends due date for…

  • Income Tax

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of notice u/s 133(6)

1 year ago

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of statutory notice u/s 133(6) calling for information of immovable…

  • Income Tax

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024

1 year ago

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024 Circular N o. 20/2024   F.…

  • Income Tax

Exemption u/s 10(38) can’t be denied if LTCG not included as book profits u/s 115JB

1 year ago

Proviso to Section 10(38) of the Act cannot be read in the reverse to mean that if the gains are…

  • Income Tax

Reopening rightly done as income of company shifted to partnership firm to avoid tax

1 year ago

Reopening u/s 148 was rightly done as income of the company was shifted to partnership firm to avoid tax by…

  • SEBI

Transfer/Transmission of shareholdings among relatives & their effect on change in control

1 year ago

SEBI clarification on transfer of shareholding among immediate relatives and transmission of shareholding in respect of  investment  advisers. research  analysts …

  • ICAI

ICAI notifies members elected to 26th Central Council in election held in December 2024

1 year ago

ICAI notifies members elected to 26th Central Council in election held in December 2024 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF…

  • Income Tax

Finding recorded by lower authorities based on evidence can’t be interfered by High Court

1 year ago

Finding recorded by lower authorities on the basis of evidence can not be interfered with by the third Appellate Court…

  • Income Tax

Maintainability of appeal must be decided at the outset not at fag end – ITAT

1 year ago

Maintainability of appeal must be decided at the outset not at fag end - ITAT In a recent judgment, ITAT…