• Income Tax

Investigating Wing information cant be sole basis for forming belief of income escapement

1 year ago

Information from Investigating Wing cannot be sole basis for forming belief that income escaped assessment - High Court In a…

  • Income Tax

Revision u/s 263 arising from tax auditors comment upheld as AO did not examine it

1 year ago

Revision u/s 263 arising from tax auditors observation upheld as AO did not examine the matter In a recent judgment,…

  • Concurrent Audit

H.P. S.C. Bank invites applications from CA firms for concurrent audit for FY 2024-25

1 year ago

H.P. State Cooperative Bank Ltd invites applications from CA firms for concurrent audit for FY 2024-25 EOI for Selection &…

  • Income Tax

Prosecution u/s 276B for delay in deposit of TDS quashed by High Court

1 year ago

Prosecution u/s 276B for delay in deposit of TDS quashed by High Court in the light of CBDT circulars In…

  • Excise/Custom

Implicating Customs Brokers as co-noticee in cases involving interpretative disputes

1 year ago

Implicating Customs Brokers as co-noticee in a routine manner, in matters involving interpretation of statute, must be avoided - CBIC…

  • Excise/Custom

For imported goods, it is impossible to claim CENVAT credit. SC dismissed SLP of Deptt.

1 year ago

For imported goods, it is impossible to claim CENVAT credit and hence custom duty exemption can not be denied. Supreme…

  • GST

High Court grants bail to ITC scam accused as GST liability was not determined.

1 year ago

High Court grants bail to ITC scam accused as GST liability was yet to be not determined. In a recent…

  • Finance Ministry

Banking Laws Amendment Bill 2024 – Proposed amendments to auditor’s remuneration

1 year ago

Banking Laws (Amendment) Bill 2024 - Amendments related to auditor's remuneration to be decided by bank The Banking Laws (Amendment)…

  • Income Tax

List of 402 transfers/postings made in the grade of PCIT / CIT by CBDT

1 year ago

List of 402 transfers/postings made in the grade of PCIT / CIT by CBDT  CBDT has issued officer order making…

  • Excise/Custom

Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2024

1 year ago

Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2024 CBIC has notified phase-wise implementation of the Sea Cargo Manifest and…