Depreciation allowed where invoices for the fixed assets were in the name of husband of the assessee but payment made…
Income Tax Bill 2025 passed by Lok Sabha. CBDT issues Supplementary FAQs . CBDT issues Supplementary FAQs on Income Tax…
CBDT notifies amendments in Income Tax Rules 1962 to expand the scope of Safe Harbour Rules Section 92BC of the…
Reassessment quashed as the alleged transaction were clearly mentioned, reflected and contained in the Income Tax Returns filed by the…
EPFO invites RFP for appointment of CA Firm for FY 2024-25 for preparation of Annual Financial Statements and automation. EPFO…
Penalty order quashed as show cause notice and opportunity of personal hearing was wrapped up in 48 hours In a…
Department can’t suo motu issue a new PAN when assesseee have a valid PAN under which returns are filed. In…
Sundry creditors are not loans or advances where creditworthiness to give advances is essential point for examination - ITAT In…
ITAT is required to examine correctness of the findings recorded by appellate authority and record conclusion why such findings are…
Approved Resolution Plan is binding on Income Tax Department. Demands raised subsequently are invalid – Supreme Court In a recent…