• 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…

  • Income Tax

ITD appreciates taxpayers & tax professionals for record surge in the filing ITRs

2 years ago

Income Tax Department appreciates taxpayers & tax professionals for timely compliance, resulting in a record surge in the filing of…

  • Income Tax

ITAT allowed loss due to gold robbery carried forward from previous year

2 years ago

ITAT allowed loss suffered by gold/ornament robbery carried forward from previous year  In a recent judgment, ITAT Rajkot allowed loss…

  • Income Tax

When order u/s 263 quashed consequential assessment order cannot survive – ITAT

2 years ago

When revisionary order u/s 263 was quashed, consequential assessment order passed by AO cannot survive - ITAT In a recent…