• GST

Special procedure under Delhi GST Act for rectification of order for wrong ITC availment

2 months ago

Special procedure notified under Delhi GST Act 2017 for rectification of order confirming demand for wrong availment of ITC. Lt.…

  • Income Tax

CBDT specifies work allocations and zonal charges of its members

2 months ago

CBDT specifies work allocations and zonal charges of its members CBDT has issued an office memorandum dated 03/12/2025 giving details…

  • Income Tax

AO can’t make addition on his speculation and assumption of manipulation in share prices

2 months ago

Addition quashed as alleged manipulation in share prices was merely a speculation and assumption of Assessing Office In a recent…

  • Income Tax

Assesee not deducting TDS due to stay by High Court can’t be treated as assessee in default

2 months ago

When assesee did not deduct TDS on account of interim stay of High Court, it can’t be regarded as assessee…

  • Income Tax

Penalty u/s 271B is not attracted where books of account not maintained – ITAT Allahabad

2 months ago

Penalty u/s 271B is not attracted in a case where books of account have not been maintained In a recent…

  • Empanelment

NALCO invites RFP for empanelment of CA Firms for verification of Stores/Spares & movable assets

2 months ago

NALCO invites RFP for empanelment of Chartered Accountant Firms for verification of Stores/Spares and movable assets.  NALCO has invited Request…

  • RBI

Sending or bringing currency of Nepal and Bhutan – RBI revises regulations

2 months ago

Sending or bringing currency of Nepal and Bhutan - RBI revises exiting regulations  RBI has notified the Foreign Exchange Management…

  • Excise/Custom

Manufacturing without aid of power. Entire process though by distinct units to be seen – SC

2 months ago

Entire manufacturing process though by distinct units relevant for exemption from excise duty on account of manufacture without aid of…

  • Income Tax

Delay in filing Form 10B condoned as failure was in 1st year of operation of Trust

2 months ago

High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…

  • Income Tax

Penalty u/s 270A quashed for no satisfaction on what was under reporting & misreporting by assessee

2 months ago

Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…