• GST

Advisory for furnishing bank account details by registered taxpayers under GST Rule 10A

2 years ago

Advisory for furnishing bank account details by registered taxpayers under Rule 10A of the Central Goods and Services Tax Rules,…

  • Income Tax

No penalty u/s 271G can be levied if no adjustment is made in Arm’s Length Price – ITAT

2 years ago

No penalty u/s 271G if no adjustment made in Arm’s Length Price - ITAT In a recent judgment, the ITAT…

  • Income Tax

CIC has no power to direct disclosure of PM CARES Fund information under Income Tax Act

2 years ago

CIC has no power to direct disclosure of PM CARES Fund information covered under Income Tax Act as ITD treats…

  • Income Tax

Method of recognizing revenue accepted in earlier & later years cannot be disturbed

2 years ago

Once a method of recognizing revenue accepted by revenue in earlier and later years, same cannot be disturbed for the…

  • Income Tax

Cash credit addition u/s 68 made on the basis of statement retracted deleted by ITAT

2 years ago

Cash credit addition u/s 68 made on the basis of statement retracted subsequently deleted by ITAT In a recent judgment,…

  • Income Tax

Interest u/s 234C is chargeable on returned income not on assessed income – ITAT

2 years ago

Interest u/s 234C is chargeable on returned income only and not on the assessed income - ITAT In a recent…

  • Income Tax

Singing of balance sheet itself acknowledgement of debt. No cessation of liability u/s 41 – ITAT

2 years ago

Singing of the balance sheet itself is construed as acknowledgement of debt. No cessation of liability u/s 41 if trade…

  • RBI

RBI Guidelines on Appointment/Re-appointment of Auditors of Co-operative Banks

2 years ago

RBI issues Guidelines on Appointment / Re-appointment of Statutory Auditors of State Co-operative Banks and Central Co-operative Banks RBI has…

  • Income Tax

No presumption that if assessee owns agril land, agricultural income arises automatically

2 years ago

No presumption that if assessee owns some agricultural land, agricultural income arises automatically – Supreme Court dismisses SLP An income…

  • Income Tax

Misplacement of record by assistant constitute sufficient reason for condonation of delay – ITAT

2 years ago

Misplacement of record by assistant constitute sufficient reason for condonation of delay - ITAT In a recent judgment, the ITAT…