• Income Tax

Order u/s 148A(d) quashed as correct amount of cash deposit was less than Rs. 50 lakhs

2 years ago

Reopening order u/s 148A(d) quashed as correct amount of cash deposit in bank was less than Rs. 50 lakhs In…

  • GST

Auto-population of HSN-wise summary from e-Invoices into Table 12 of GSTR-1

2 years ago

Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 : GSTN Advisory GSTN has issued an advisory on…

  • Income Tax

The AO not authorized to stretch published census population to imaginary figure – ITAT

2 years ago

The AO not authorized to stretch the published census population to an imaginary figure - ITAT In a recent judgment,…

  • Income Tax

No special drive to reopen cases to examine HRA claims – CBDT clarification on media reports

2 years ago

No special drive to reopen cases to examine HRA claims - CBDT clarification on media reports claiming Income Tax Department…

  • Income Tax

HC stays re-assessment order u/s 148A(d) passed ignoring objections of assessee

2 years ago

High Court stays re-assessment proceedings as order u/s 148A(d) was passed ignoring objection of assessee. High Court stays re-assessment proceedings…

  • Income Tax

ITD using Digital Forensics & Financial Analysis experts during Search operations

2 years ago

ITD using Digital Forensics & Financial Analysis experts during Search operations Income Tax Department deploying Digital Forensics & Financial Analysis…

  • Income Tax

Disallowance u/s 40(A)(2)(b) – Onus is on Assessing Officer to made comparable study

2 years ago

Disallowance u/s 40(A)(2)(b) – Onus is on Assessing Officer to made comparable study  In a recent judgment, ITAT has deleted…

  • Income Tax

When no cash involved in transaction, Section 68 treating it unexplained cash credit not attracted

2 years ago

When no cash involved in transaction, Section 68 treating it unexplained cash credit not attracted  When there was no cash…

  • Income Tax

Provisions of section 69 not applicable to profit from trading of speculative Transactions – ITAT

2 years ago

Provisions of section 69 not applicable on the profit from trading of speculative Transactions In a recent judgment, ITAT has…

  • Audit

UK and Australia signed MoU on recognising auditors qualifications of both countries

2 years ago

UK and Australia signed MoU on recognising auditors to work between both countries The UK’s Financial Reporting Council (FRC) and…