• Income Tax

Disallowance u/s 40A(2)(a) without following yardstick of unreasonableness deleted

1 year ago

Disallowance u/s 40A(2)(a) without following yardstick for arriving at unreasonableness cannot be sustained - ITAT In a recent judgment, ITAT…

  • Empanelment

Odisha Gramya Bank invites applications for Concurrent Audit. Last date 20.07.2024

1 year ago

Odisha Gramya Bank invites applications for Concurrent Audit. Last date is 20.07.2024 Odisha Gramya Bank has invited applications from interested…

  • GST

Enhancements to Address-Related Fields in GST Registration Functionalities

1 year ago

Enhancements to Address-Related Fields in GST Registration Functionalities GSTN has made the following enhancements to address-related fields in the registration…

  • Income Tax

Income more than last year does not mean cash deposited in bank was unexplained

1 year ago

Month wise receipt and income slightly more than last year cannot warrant the cash deposited into the bank account as…

  • Income Tax

Assessee can maintain two ledger accounts of one person. ITAT deleted addition u/s 68

1 year ago

Assessee can maintain two ledger accounts of same person one under the head sundry debtor and another under sundry creditor…

  • SEBI

SEBI provides timeline for disposal of appeals by credit rating agencies

1 year ago

SEBI provides specific timelines for dealing with appeals made by the issuer in respect of rating actions carried out pursuant to…

  • Income Tax

No statutory obligation upon legal heirs to intimate death of assessee to ITD

1 year ago

There is no statutory obligation upon legal heirs to intimate death of assessee to the Income Tax Department In a…

  • Income Tax

Once Tonnage Tax Scheme opted, no set off allowed against any deduction

1 year ago

Once Tonnage Tax Scheme is opted, no set off against any deduction allowed - ITAT  In a recent judgment, ITAT…

  • Income Tax

Identity capacity & genuineness fell apart when companies were non-existent

1 year ago

Identity capacity and genuineness of creditors fell apart when shareholder companies was found to be non-existent – High Court  In…

  • Income Tax

List of 28 banks for tax payments available at e-Pay Tax service at e-Filing Portal

1 year ago

List of banks for tax payments available at e-Pay Tax service at e-Filing Portal As of now, 28 banks are available…