CBDT notifies tolerance range in transfer pricing for variation between ALM u/s 92C for AY 2024-25 MINISTRY OF FINANCE(Department of…
Loose excel sheets without any corroboration thereof, was not adequate enough to draw adverse inference of unaccounted loans by the…
CBDT Notifies the Income-tax (Eighth Amendment) Rules, 2024. Income /Loss and ITDS employee may report to employer in Form12BA MINISTRY…
CBDT issues revised guidelines 2024 for compounding of offences under Income-Tax Act 1961 In conformity with the Finance Minister’s budget…
Penalty u/s 271B confirmed for lack of proof that Books of accounts were destroyed by termite In a recent judgment,…
Whether assessee filed or not filed return in view of section 10(26)(AAA) tax can not be levied on the assessee…
Sale/purchase of jewellery increased substantially on 08.11.2016 after announcement of demonetization – ITAT deleted addition u/s 69A In a recent…
There is no statutory requirement for an agriculturist to maintain books of accounts - ITAT In a recent judgment, the…
RBI exempted from TCS u/s 206C(1F) on purchase of motor vehicle CBDT has exempted Reserve Bank of India from provisions…
CBDT amends rule 31AA and 37I related to TCS return and credit for TCS u/s 206C MINISTRY OF FINANCE(Department of…