• Income Tax

There is difference in CBDT/member passing order & some other officer with approval

1 year ago

There is a difference between CBDT or its authorised member making an order u/s 119(2)(b) and some other officers making…

  • Income Tax

Gross receipts of Trust not registered u/s 12AA can’t be taxed without allowing expenses

1 year ago

Entire gross receipts of the Trust not registered u/s 12AA can not be taxed without giving allowance of expenditure incurred. …

  • Income Tax

Onus is on assessee to prove that he is in retail business, eligible for presumptive taxation

1 year ago

Onus is on assessee to prove and substantiate that he is in retail business, and eligible to claim presumptive of…

  • Empanelment

UCO Bank empanelment of Stock & Receivables auditor. Last date to apply is 12.03.2025

1 year ago

UCO Bank invites application for empanelment of Auditors for Stock & Receivables  UCO Bank invites application for empanelment of Auditors…

  • MSME

Minimum turnover clauses in Tenders can not defeat Procurement Policy for MSEs Order 2012

1 year ago

Minimum turnover clauses in Tenders can not defeat the Public Procurement Policy for Micro and Small Enterprises (MSEs) Order 2012…

  • Income Tax

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc.

1 year ago

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc., but on the basis…

  • Income Tax

CBDT amends Rule 12CA/12CC for due dates of statement to be filed u/s 115UA/115TCA

1 year ago

CBDT amends Rule 12CA/12CC regarding due dates of statement to be filed u/s 115UA / 115TCA for payments of income…

  • Income Tax

Addition deleted as no difference was in quantity of jewellery found & declared in wealth tax return

1 year ago

Addition u/s 69A deleted as there was no difference in the quantity of jewellery found during search and jewellery declared…

  • Income Tax

AO to give full credit of TDS as per Form 26AS though full TDS not filled in ITR

1 year ago

It is incumbent upon AO to give full credit of TDS as per Form 26AS though full TDS could not…

  • Income Tax

Penalty u/s 271DA deleted for receiving cash from farmers against sale of tractors

1 year ago

Penalty u/s 271DA deleted for receiving cash above Rs. 2 lakhs from farmers against sale of tractors.  In a recent…