MCA condones delay in filing of Form-3, Form-4 & Form-11 by Limited Liability Partnerships General Circular No. 08/2023 F. No.…
RBI issues revised penal interest guidelines for lending institutions w.e.f. 1st January 2024 As per the existing guidelines issued by…
Redemption of ULIP not exempt u/s 10(10D) taxable as capital gains not income from other sources, ITAT allows benefit of…
ICAI clarifies level of authority attached to Guidance Notes, Accounting Standards’ and ‘Standards on Auditing issued by it and degree…
CBDT amends income tax rules for determining value of residential accommodation provided to the assessee by the employer CBDT notifies…
ITAT refused to admit additional evidence when were available with assessee before the completion of the assessment and no reasons…
Facility of income tax challan correction launched through e-filing portal The income tax department has launched facility of income tax…
Interest income earned on fixed deposits of Clubs are taxable under Section 2(24) of the Income Tax Act and principle…
Service Tax show cause was illegal as classification of services mentioned was completely erroneous – Supreme Court In a recent…
ICAI cancelled membership of 6834 chartered accountants for non payment of fee The Institute of Chartered Accountants of India (ICAI)…