• Income Tax

Excel Form 10E-Salary Arrears Relief calculator for AY 2026-27 for claiming rebate u/s 89(1)

2 months ago

Excel Form 10E-Salary Arrears Relief calculator AY 2026-27 (FY 2025-26) for claiming rebate under section 89(1) of Income Tax Act…

  • Excise/Custom

Procedure for handling returning export cargo from Strait of Hormuz, Waiver of additional fee

2 months ago

CBIC prescribes procedure for handling of returning export cargo from international waters due to closure of the Strait of Hormuz…

  • Income Tax

Addition u/s 68 for cash deposit entries in bank statement upheld though assessee did not maintain books

2 months ago

Addition u/s 68 of the Income Tax Act towards entries of cash deposit in bank statement upheld even though assessee…

  • Concurrent Audit

Central Bank of India Concurrent audit online empanelment FY 2026-27. Last Date 15.03.2026

2 months ago

Central Bank of India Concurrent audit online empanelment for financial year 2026-27. Last Date for filing Online Applications is 15.03.2026…

  • Income Tax

Income tax nation-wide verification exercise on Restaurants suppressing turnover

2 months ago

Income tax Department carries out nation-wide verification exercise on Restaurants suppressing turnover As per Press Release issued by CBDT, Income…

  • Income Tax

Common business premise not enough to label loan creditor as accommodation entry provider

3 months ago

Merely because loan creditor existed in the premises wherein accommodation entry providers had their offices, AO cannot come to the…

  • Income Tax

CBDT amends IT Rules 114F 114G and 114H related to reporting financial institutions

3 months ago

CBDT amends Income Tax Rules 114F 114G and 114H related to reporting financial institutions and their obligations CBDT has by…

  • Income Tax

Not making available material forming basis of reopening shows AO had prejudged the issue

3 months ago

AO stating that material forming basis of reopening shall be disclosed at the stage of assessment/re-assessment, indicates that the AO…

  • Income Tax

Reopening conclusion that assessee was “Non-Filer” was non-application of mind – High Court

3 months ago

Reopening conclusion that assessee was “Non-Filer” despite assessee clearly stating in reply that he had filed ITR was non-application of…

  • Income Tax

HC declined to allow voluminous documents physically in Faceless Assessment

3 months ago

High Court declined to allow production of physical documents by in Faceless Assessment simply because they were voluminous In a…