• Income Tax

Creditworthiness proved when agricultural income though not accepted, treated other income

2 years ago

Creditworthiness proved when agricultural income not accepted by the Department in toto but the portion not accepted treated income from…

  • Income Tax

Mismatch found in interest & dividend income reported in ITRs; notices may follow

2 years ago

Taxman notices mismatches in interest & dividend income reported in ITRs of FY 2021-22 & 2022-23. Taxpayers advised to submit…

  • Income Tax

ITAT allows exemption u/s 11 denied on filing wrong ITR-5 instead of ITR-7 by mistake

2 years ago

Exemption u/s 11 denied on filing wrong ITR-5 instead of ITR-7 by mistake. A genuine and inadvertent mistake by filing…

  • Income Tax

Reopening notice u/s 148A quashed as assessee’s reply was not visible on e-filing portal

2 years ago

Reopening notice u/s 148A quashed as assessee’s reply was not visible on e-filing portal due to technical glitch In a…

  • GST

GSTN announces launch of revamped e-invoice master information portal

2 years ago

GSTN announces launch of revamped e-invoice master information portal . Enhanced E-Invoicing Initiatives & Launch of Enhanced https://einvoice.gst.gov.in portal 1.  GSTN…

  • Income Tax

Assessee while removing defect u/s 139(9) can not revise income originally returned – ITAT

2 years ago

Assessee while removing defect u/s 139(9) can not revise income originally returned. A corrected return does not have an independent…

  • Income Tax

Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A

2 years ago

Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A - ITAT In a recent judgment…

  • Income Tax

Exemption u/s 11 allowed as audit report uploaded but not approved due to technical glitch

2 years ago

ITAT allows exemption u/s 11 when audit report in Form 10B was uploaded but could not be approved due to…

  • Empanelment

Empanelment of CA Firm as Concurrent Auditor of Saurashtra Gramin Bank for FY 2024-25

2 years ago

Empanelment of CA Firm as Concurrent Auditor of Saurashtra Gramin Bank for FY 2024-25 Saurashtra Gramin Bank has invited RFP…

  • Income Tax

Escapement of income u/s 147 has to be established with concrete information – HC

2 years ago

Escapement of income u/s 147 has to be established with concrete information under amended Act- High Court In a recent…