• Income Tax

CBDT issues Guidelines for priority/out of turn disposal of appeals

2 years ago

CBDT has issued Guidelines for priority/out of turn disposal of appeals by CIT(A) Assessment Units and Additional Joint CIT(Appeals) CBDT…

  • Income Tax

Retracting from income offered during survey for no cross examination at assessment – upheld

2 years ago

Retracting from income offered during survey and challenging non opportunity of cross examination at assessment stage - upheld In a…

  • Income Tax

CBDT extends date for filing Form 26QE for FY 2022-23. Read Circular

2 years ago

Extension of due date for filing Form No. 26QE for F.Y. 2022-23 CBDT extends date for filing Form No. 26QE…

  • Concurrent Audit

ToR for Concurrent Audit of District/City Health Societies Odisha FY 2024-25. Last date: 09.04.2024

2 years ago

ToR for Chartered/Cost Accountant Firms at District/City Health Societies Odisha FY 2024-25 Terms of Reference (ToR) for the Chartered /…

  • Income Tax

Valuation of closing stock is revenue neutral  – ITAT deleted addition due to valuation of stock

2 years ago

Valuation of closing stock is revenue neutral  - ITAT deleted addition on account of valuation of stock In a recent…

  • Income Tax

Disallowance of land filling expenses right as except contractor bills no evidence produced

2 years ago

Disallowance towards land filling expenses was right as except contractor bills no other evidence was produced - ITAT In a…

  • Income Tax

Eligible donations by trust/institution to another trust/institution are application only up to 85%

2 years ago

Eligible donations by trust/institution to another trust/institution are application for charitable or religious purposes only to the extent of 85%…

  • Income Tax

Assessee was liable to pay penalty u/s 272A(1)(d) on first default only – ITAT

2 years ago

Assessee was liable to pay penalty u/s 272A(1)(d) on the first default as thereafter, the AO could have proceeded to…

  • Income Tax

Prosecution u/s 276CC where assessee filed belated return – Allahabad HC admits application

2 years ago

Income tax prosecution u/s 276CC where assessee filed belated return under section 139(4) – Allahabad High Court admits application In…

  • Income Tax

CBDT extends time for filing audit report in Form 10B of 10BB for AY 2023-24 to 31.03.2024

2 years ago

CBDT extends time for filing audit report in Form 10B of 10BB for AY 2023-24 to 31.03.2024 Extension of time…