High Court declines interference under writ jurisdiction at conclusion stage of re-assessment proceedings. In a recent order, the Hon'ble Allahabad…
No deemed dividend u/s 2(22)(e) when loan was received for commercial transaction and interest was paid on it In a…
Supreme Court to decide if non mentioning DIN by income tax authorities makes order void or it’s just a procedural…
RBI bans Paytm Payments Bank Ltd from receiving payments after February 29, 2024 In 2022, RBI had directed Paytm Payments…
If assessee not availed opportunity of cross examination, it can not be ground of challenge – Supreme Court dismisses Special…
Wherever word only “Business” is used, it does not include “Profession" – ITAT deletes addition for compensation u/s 28(ii)(e) In…
Union Interim Budget 2024 - Disputed old income Tax demands to be withdrawn. No change in the tax slabs or…
Issuance of CPE Statement, 2023: Guidelines on Continuing Professional Education for undergoing CPE Activities by Members of ICAI The Continuing…
Once, relief is granted based on the remand report of the AO, revenue would be precluded from filing any further…
In a recent judgment, ITAT has held that in the absence of Document Identification Number (DIN) mentioned in the approval…