• SEBI

SEBI fixes responsibility for use of artificial intelligence

1 year ago

SEBI fixes responsibility for use of artificial intelligence and machine learning tools and techniques SEBI has notified he Securities and…

  • Income Tax

Without recalling earlier order, fresh rectification order u/s 154 can not be passed

1 year ago

Without recalling earlier order, fresh rectification order u/s 154 can not be passed In a recent judgment, Allahabad High Court…

  • Income Tax

Annual Statement u/s 285 by a non-resident to be furnished within eight months

1 year ago

Annual Statement u/s 285 by a non-resident to be furnished within eight months  Under section 285 of the Income Tax…

  • Income Tax

Possibility of penalty proceedings cannot be kept pending like a Damocle’s sword – High Court

1 year ago

Possibility of initiating proceedings against an assessee cannot be kept pending over his head like a Damocle’s sword – Penalty…

  • Income Tax

Time spent proceedings against deceased assessee can’t be set off for limitation against LR

1 year ago

There is no provision in Income Tax Act for discounting the time spent during the pendency of proceedings against the…

  • GST

Procedure in case of departmental appeal against interest/penalty related to Section 128A

1 year ago

Procedure to be followed in department appeal filed against interest and/or penalty only, related to Section 128A of the CGST…

  • Income Tax

Order rejecting application for compounding u/s 276CCC quashed by Supreme Court

1 year ago

CCIT order rejecting application for compounding of offence u/s 276CCC quashed by Supreme Court being covered by the expression “first…

  • Income Tax

Case remitted for verification of wrong figure of ICDS adjustment by Tax Auditor

1 year ago

Case remitted for verification of wrong figure on account of adjustment for ICDS as reported by Tax Auditor. In a…

  • Income Tax

HC condones delay in uploading audit report Form 10B by 1 hour, 19 minutes & 16 seconds

1 year ago

HC condoned delay in uploading audit report Form 10B by 1 hour, 19 minutes and 16 seconds due to technical…

  • Income Tax

Specific notice required if CIT(E) intends to travel beyond three years expenditure – ITAT

1 year ago

Specific notice required if CIT(Exemption) intends to travel beyond three years expenditure as prescribed in Rule 11AA(g) - ITAT In…