• 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…

  • Income Tax

Powers to condone delay u/s 119(2)(b) must be judiciously exercised to avoid undue hardship

1 year ago

Powers and statutory discretion conferred on the commissioner of income tax to condone delay u/s 119(2)(b) ought to be judiciously…

  • GST

Recommendations of 55th GST Council Meeting

1 year ago

Recommendations of 55th GST Council Meeting Meeting of the 55th GST Council were held on 21st December 2024. The GST…

  • Excise

Pure coconut oil sold in small quantities as edible oil classifiable under Heading 1513 – SC

1 year ago

Excise classification of coconut Oil in small packings. Pure coconut oil sold in small quantities as edible oil classifiable under…

  • Income Tax

Section 271J Penalty on CAs. Madras High Court, Writ dismissed for non appearance

1 year ago

Section 271J Penalty on CAs was challenged in Madras High Court. The Court had accepted the writ petition. However, the…

  • Income Tax

CBDT issues revised FAQs on Direct Tax Vivad se Vishwas Scheme 2024

1 year ago

CBDT issues revised FAQs on Direct Tax Vivad se Vishwas Scheme, 2024. Taxpayer eligible to apply for DTVSV Scheme, 2024…