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)…
Telegraphic transfer buying rate to be rate of exchange for the purpose of deduction of tax at source on income…
CBDT issues Guidelines under clause (10D) of section 10 of Income-tax Act from AY 2024-25 Clause (10D) of section 10…
Consideration used in section 48 does not have any reference to market value but only to consideration referred to in…
IRDAI invites Application for Young Professional Program, 2023 IRDAI offers an opportunity to young individuals to work on important initiatives…
Extension of Safe Harbour Rules to AY 2023-24 - Notification u/s 92CB. Income-tax 15th Amendment Rules 2023. CBDT has extended…
Income Tax Act provides complete machinery for assessment/reassessment of tax, assessee is not permitted to abandon that machinery and invoke…