• Income Tax

CBDT revises jurisdiction of DIT Intelligence & Criminal Investigation Lucknow & Kanpur

1 year ago

CBDT amends jurisdiction of DIT(Intelligence & Criminal Investigation) Lucknow & Kanpur MINSTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)…

  • Income Tax

Merely on the basis of an unsigned document amount paid can not be assumed- ITAT

1 year ago

Merely on basis of unsigned document it cannot be assumed that amount/price paid is as stated in said document -…

  • Income Tax

Assessee following POCM liable to deduct TDS instead of making provisions

1 year ago

Assessee following POCM liable to deduct TDS instead of making provisions In a recent judgment, the ITAT Delhi has held…

  • Income Tax

Denial of provisional registration u/s 12A for a typographical error set aside by ITAT

1 year ago

Denial of provisional registration u/s 12A for a typographical error set aside  In a recent judgment, the ITAT Delhi has…

  • Income Tax

Exemption u/s 54 cannot denied if flat construction not completed by builder

1 year ago

Exemption u/s 54 cannot denied if construction of flat not completed by builder within three years - ITAT In a…

  • Income Tax

Transit rent paid for hardship due to dispossession not liable to TDS u/s 194I

1 year ago

Transit rent paid to tenant who suffers hardship due to dispossession does not fall within the definition "rent" under section…

  • Income Tax

Size of residential house not a criteria for claiming exemption u/s 54F 

1 year ago

Size of the residential house is not a criteria for claiming exemption u/s 54F - ITAT  In a recent judgment,…

  • ICAI

ICAI to debar student taking mobile phones inside the examination hall for 5 years

1 year ago

ICAI to debar student taking mobile phones inside the examination hall for 5 years As per ICAI Announcement, it has…

  • Income Tax

AO Refused to accept Tax Audit Report as schedule not signed by CA-matter remitted

1 year ago

AO refused to accept Tax Audit Report as schedule were not signed by CA. High Court remanded the matter  In…

  • Income Tax

Net Profit rate of 8% not applicable for audit case. NP rate of 6% is reasonable – ITAT

1 year ago

Net Profit rate of 8% not applicable for audit case. Net Profit rate of 6% is reasonable for business of…