• Income Tax

Relief from higher TDS/TCS in case death of deductee before PAN & Aadhaar linkage

2 years ago

CBDT has given relief from high TDS/TCS rates u/s 206AA / 206CC in case of death of deductee/collectee before linkage…

  • Income Tax

Section 50C not applicable when land was sold by secured lenders to recover dues – SC

2 years ago

Provisions of Section 50C were not applicable as land was sold by the secured lenders to recover from dues, SC…

  • Income Tax

Observing absence of financial difficulties not consideration of genuine hardship – HC

2 years ago

Merely observing absence of financial difficulties does not amount to consideration of genuine hardship - High Court In a recent…

  • bankruptcy

NCLT can decided fee & expenses of RP only on basis of material before it

2 years ago

NCLT could have decided fee and expenses of RP only on basis of material before it In a recent judgment,…

  • Income Tax

No disallowance of late deposit of PF/ESI to be made without giving opportunity

2 years ago

No disallowance of late deposit of PF/ESI can be made without affording opportunity to assessee to show that the said…

  • RBI

News of penalty for maintaining accounts in more than one bank is fake

2 years ago

New of penalty for maintaining accounts in more than one bank is fake - PIB Factcheck A misconception is being…

  • Income Tax

Cash surrendered during survey not covered by provisions of section 69 and 69A – ITAT

2 years ago

Cash surrendered during survey not covered by deeming provisions of section 69 and 69A - ITAT In a recent judgment,…

  • CA CS CMA

NABARD invites applications from CAs/CS/ICWA for post of Assistant Manager

2 years ago

NABARD invites applications from CA/CS/ICWA for the post of Assistant Manager in Grade-A. Last date to apply is 15.08.2024 Applications…

  • Income Tax

Extrapolation of income of two months to income of full year unjustified – ITAT

2 years ago

Extrapolation of income of two months to arrive at income of the full year was not justified - ITAT In…

  • Income Tax

Penalty u/s 272A(2)(c) for not furnishing information to notice u/s 133(6) deleted

2 years ago

Penalty u/s 272A(2)(c) for not furnishing information to notice u/s 133(6) deleted In a recent judgment, ITAT Lucknow has deleted…