• DGFT

Electronic Submission of DGFT Appendix 4H Certificates digitally signed by CA, CS etc.

1 year ago

Electronic Submission of DGFT Appendix 4H Certificates digitally signed by Chartered Accountants, Company Secretaries, Cost Accountants, Chartered Engineers, etc. Government…

  • Income Tax

Cryptic order passed in casual manner by the CIT(A) liable for imposition of cost – ITAT

1 year ago

Cryptic order passed in casual manner by CIT(A) liable for imposition of cost on account of gross violation of statutory…

  • Income Tax

Tolerance range in transfer pricing for variation between ALM u/s 92C for AY 2024-25

1 year ago

CBDT notifies tolerance range in transfer pricing for variation between ALM u/s 92C for AY 2024-25 MINISTRY OF FINANCE(Department of…

  • Income Tax

No addition can be made on the basis of loose excel sheets founding during search

1 year ago

Loose excel sheets without any corroboration thereof, was not adequate enough to draw adverse inference of unaccounted loans by the…

  • Income Tax

CBDT notifies Income-tax (Eighth Amendment) Rules, 2024

1 year ago

CBDT Notifies the Income-tax (Eighth Amendment) Rules, 2024. Income /Loss and ITDS employee may report to employer in Form12BA MINISTRY…

  • Income Tax

CBDT revised guidelines 2024 for compounding of offences under Income-Tax Act 1961

1 year ago

CBDT issues revised guidelines 2024 for compounding of offences under Income-Tax Act 1961 In conformity with the  Finance Minister’s budget…

  • Income Tax

Penalty u/s 271B confirmed for lack of proof that Books were destroyed by termite

1 year ago

Penalty u/s 271B confirmed for lack of proof that Books of accounts were destroyed by termite In a recent judgment,…

  • Income Tax

Whether ITR filed or not tax can be levied on assessee being a Sikkimese u/s 10(26)(AAA)

1 year ago

Whether assessee filed or not filed return in view of section 10(26)(AAA) tax can not be levied on the assessee…

  • Income Tax

Sale of jewellery increased substantially on 08.11.2016 on demonetization announcement

1 year ago

Sale/purchase of jewellery increased substantially on 08.11.2016 after announcement of demonetization – ITAT deleted addition u/s 69A In a recent…

  • Income Tax

There is no statutory requirement for an agriculturist to maintain books of accounts

1 year ago

There is no statutory requirement for an agriculturist to maintain books of accounts - ITAT In a recent judgment, the…