ITAT deleted addition made on the presumption that there cannot be loss in restaurant business. In a recent judgment, ITAT…
ITAT upheld taxing rent of plot of land as income from other sources in the absence of proof of any…
Application invited for special public prosecutors to represent the Income Tax Department in North-Eastern Region. The Income Tax Department, North…
Dakshin Bihar Gramin Bank invites application for concurrent Audit / Revenue Audit for FY 2024-25. Dakshin Bihar Gramin Bank has…
Notice u/s 148 quashed as time period to issue notice u/s 143(2) for conducting assessment u/s 143(3) had not expired.…
How to opt out from New Tax Regime and choose old tax regime for AY 2024-25. Step by step procedure…
An invalid or illegal assessment order cannot be revised under the provision of section 263 In a recent judgment, Hon'ble…
CIT can not assume revisionary powers u/s 263 for issues not forming part of limited scrutiny assessment. In a recent…
NFRA imposes penalty of Rs. 4.50 crores on CA/Audit Firm for professional misconduct for not exercising due diligence In a…
Show cause not giving minimum seven days to respond to proposed variation – Assessment order set aside In a recent…