• FCRA

Clarification on treatment & accounting of refund of TDS related to Foreign Contribution

2 years ago

Clarification regarding treatment & accounting of refund of TDS pertaining to Foreign Contribution The Ministry of Home Affairs (FCRA Division)…

  • Income Tax

Delay of 1 and ½ years in filing appeal cannot be considered as inordinate delay – ITAT

2 years ago

Delay of 1 and ½ years cannot be considered as inordinate delay unless negligence or want of due diligence on…

  • Companies Act

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025

2 years ago

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New…

  • Income Tax

If TDS already deposited belatedly, continuing proceedings u/s 276B/278B abuse of law – HC

2 years ago

If amount of TDS has already been deposited though belatedly, to allow the proceeding u/s 276B/278B will be abuse of…

  • Income Tax

No move to use Digi Yatra data to track income tax evaders – CBDT

2 years ago

No move by Income Tax Department to use Digi Yatra data to track tax evaders Income Tax Department (CBDT) has…

  • Income Tax

Incorrect claim not willful evasion, can be erroneous interpretation of law

2 years ago

Incorrect claim or erroneous claim not willful evasion, in certain circumstances can be erroneous interpretation of law.  In a recent…

  • Income Tax

CBDT extends due date for furnishing belated/revised return for AY 2024-25

2 years ago

Extension of due date for furnishing belated/revised return of income for the Assessment Year 2024-25 CBDT extends due date for…

  • Income Tax

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of notice u/s 133(6)

2 years ago

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of statutory notice u/s 133(6) calling for information of immovable…

  • Income Tax

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024

2 years ago

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024 Circular N o. 20/2024   F.…

  • Income Tax

Exemption u/s 10(38) can’t be denied if LTCG not included as book profits u/s 115JB

2 years ago

Proviso to Section 10(38) of the Act cannot be read in the reverse to mean that if the gains are…