• Income Tax

ITAT remitted case for verification of Transporter’s declaration u/s 194C(6)

2 years ago

ITAT remitted case for verification of Transporter's declaration u/s 194C(6) and decide the issue of addition on account of non…

  • Excise/Custom

Customs duty payable even after confiscated goods redeemed after payment of fine – SC

2 years ago

Customs duty payable even after confiscated goods redeemed after payment of fine - SC In a recent judgment, Hon'ble Supreme…

  • Income Tax

Limit of allowable partners remuneration u/s 40(b) increased from AY 2025-26 onwards

2 years ago

Limit of allowable partners remuneration u/s 40(b) increased from AY 2025-26 onwards Finance Bill 2024 has increased the limit of…

  • Income Tax

Capital Gain Tax on sale of Shares/Mutual Funds Units increased. Indexing abolished

2 years ago

Capital Gain Tax on sale of Shares, Mutual Fund Units increased. Indexing abolished Finance Bill 2024 has increased the income…

  • Income Tax

CIT(A) empowered to remand best judgment cases back to AO for fresh assessment

2 years ago

CIT(A) empowered to remand the best judgment cases back to the Assessing Officer for making a fresh assessment. Union Budget…

  • Income Tax

Time limit of six years to file TDS/TCS correction statement w.e.f. 01.04.2025

2 years ago

Time limit of six years has been proposed to file TDS/TCS correction statement. The Union Budget 2024-25 has proposed a…

  • Income Tax

Standard Deduction Limit increased to Rs. 70000/- for AY 2025-26 under New Tax Regime

2 years ago

Limit of Standard Deduction has been increased from Rs. 50000/- to Rs. 70000/- for AY 2025-26 for those opting New…

  • Finance Ministry

Union Budget 2024-25 to be presented on 22nd July 2024 – Watch Live

2 years ago

Union Budget 2024-25 - Highlights of Tax Proposals - Watch Live The Union Finance Minister MS Sitharaman shall be presenting…

  • Income Tax

Before Amendment Section 14A cannot be invoked if no exempt income was earned

2 years ago

Before Amendment Section 14A cannot be invoked if no exempt income was earned - ITAT In a recent judgment, ITAT…

  • Patents

Patent and Trade Marks Agent Examination 2025. Last date extended to 30.08.2024

2 years ago

Patent Agent Exam 2025 & Trade Marks Agent Exam 2025. Last date to apply extended to 30.08.2024 from 08.08.2024 Office…