• Income Tax

No under reporting if income assessed u/s 143(3) is same as per ITR processed u/s 143(1)(a)

2 years ago

No under reporting of income if income assessed u/s 143(3) is same as per return processed u/s 143(1)(a) - ITAT…

  • RBI

RBI90Quiz. RBI launches Nationwide quiz for undergraduate students – Apply Now

2 years ago

RBI launches nationwide RBI90Quiz for undergraduate students. Final Prize is Rs. 10 Lakhs RBI has launched RBI90Quiz for undergraduate students who are…

  • Income Tax

Cash accounting of late payment surcharge on electricity not prejudicial to Revenue

2 years ago

Cash basis accounting of late payment surcharge on electric bill held not prejudicial to Revenue In a recent judgment, the…

  • GST

Appeal restored as it was rejected due to no GST provision to condone delay

2 years ago

High Court restored the appeal as it was dismissed only due to no provision under GST Act to condone delay…

  • CA CS CMA

NFRA imposed a penalty of Rs. 10 crores on CA firm in Cafe Coffee Day company Scam

2 years ago

NFRA imposed a penalty of Rs. 10 crores on CA firm in Cafe Coffee Day company Scam In a recent judgment,…

  • Income Tax

No express bar to opt other tax rate when tax rate u/s 115BAA was opted

2 years ago

No express bar to opt other tax rate when tax rate u/s 115BAA was opted - ITAT In a recent…

  • Income Tax

Jewellery found in search can not be apportioned equally among family members

2 years ago

Jewellery found in search can not be apportioned equally among family members - ITAT In a recent judgment, ITAT Delhi…

  • Income Tax

TDS not required on provisions made which were reversed in next year – ITAT

2 years ago

TDS not required on year end provisions created which were reversed in next year - ITAT In a recent judgment,…

  • Income Tax

Assessment order quashed as SCN gave less than seven days time to submit response

2 years ago

Assessment order quashed as SCN gave less than seven days time to submit response to proposed variation to income In…

  • Income Tax

No addition of cash credit if department accepted subsequent loan repayment

2 years ago

No addition can be made on account of cash credit if department accepted repayment of loan in subsequent year In…