• Income Tax

Once Tonnage Tax Scheme opted, no set off allowed against any deduction

2 years ago

Once Tonnage Tax Scheme is opted, no set off against any deduction allowed - ITAT  In a recent judgment, ITAT…

  • Income Tax

Identity capacity & genuineness fell apart when companies were non-existent

2 years ago

Identity capacity and genuineness of creditors fell apart when shareholder companies was found to be non-existent – High Court  In…

  • Income Tax

List of 28 banks for tax payments available at e-Pay Tax service at e-Filing Portal

2 years ago

List of banks for tax payments available at e-Pay Tax service at e-Filing Portal As of now, 28 banks are available…

  • GST

GST order passed without personal hearing quashed by High Court

2 years ago

Date of order has to be date of personal hearing. Hon'ble High Court quashed GST order passed without personal hearing…

  • Income Tax

Addition of unexplained expenditure incurred on election candidates of AAP confirmed

2 years ago

Addition for unexplained expenditure incurred on election on candidates of Aam Aadmi Party confirmed by ITAT In a recent judgment,…

  • Income Tax

ITAT set aside order as no opportunity was allowed to assessee to explain delay

2 years ago

ITAT set aside order as no opportunity was allowed to assessee to explain the delay in filing appeal In a…

  • SEBI

SEBI mandates email as default mode for Consolidated Account Statement

2 years ago

SEBI mandates email as default mode of dispatch for Consolidated Account Statement by Depositories, Mutual Fund etc. SEBI has mandated…

  • ICAI

ICAI bans four Chartered Accountants for professional misconduct

2 years ago

ICAI bans four Chartered Accountants for professional misconduct Notification No. PR/330/2019/DD/308/2019/DC/1501/2021 In terms of the provisions of Section 21B(3) of…

  • Prevention of Money Laundering Act 2002

Three CBI Courts designated as Special Courts under PMLA in West Bengal

2 years ago

Three CBI Courts designated as Special Courts under PMLA in the State of West Bengal MINISTRY OF FINANCE(Department of Revenue)NOTIFICATION…

  • Income Tax

Addition u/s 40A(3) for cash payment to labourers for loading charges deleted

2 years ago

Addition u/s 40A(3) for cash payment to labour for loading charges deleted by ITAT In a recent judgment, the ITAT…