Provisions of section 69 not applicable on the profit from trading of speculative Transactions In a recent judgment, ITAT has…
UK and Australia signed MoU on recognising auditors to work between both countries The UK’s Financial Reporting Council (FRC) and…
Capital gain exemption u/s 54F denied as new house was in the name of husband In a recent judgment, ITAT…
Mere placing notice on e-filing portal of Income tax not in accordance with income tax provisions - ITAT In a…
Compensation received for vacating flat possession not taxable it is neither chargeable under the head ‘capital gains’ nor as income…
Unless and until the order of ITAT is reversed by High Court, the same has to be given due effect…
Self Enablement For e-Invoicing If your turnover exceeds INR 5 crores in the financial year 2023-2024 - GSTN Advisory 1.…
Addition for unexplained agricultural expenditure u/s 69C deleted. Agricultural expenses depend on so many factors which were ignored by Assessing…
AO to determine annual letting value based on material evidences, if not satisfied with workings or municipal value - ITAT…
NFAC order should be a speaking one, with adjudication on assessee’s submissions and applicability of laws therein - ITAT In…