• Income Tax

Extension of timelines for filing Audit Report Form 10B/10BB and ITR-7 for AY 2023-24

2 years ago

CBDT extends timelines for filing of Audit Report in Form 10B/10BB and Form ITR-7 for charitable trusts for AY 2023-24…

  • Income Tax

Partnership deed can not be said invalid as stamp paper was issued on a prior date – ITAT

2 years ago

Assessing Officer was wrong to disbelieve partnership rectification deed when stamp paper was issued on a prior date - ITAT…

  • GST

Govt. constitutes 31 Benches of the Goods and Services Tax Appellate Tribunal

2 years ago

Govt constitutes 31 Benches of the Goods and Services Tax Appellate Tribunal Finally, the Central Government, on the recommendation of…

  • Income Tax

Income Tax Department issues FAQs on DSC related issues and solutions

2 years ago

Income Tax Department FAQs on Digital Signature Certificate (DSC) related issues and solutions. Income Tax Department has issued a FAQs…

  • Income Tax

No addition for cash deposit in bank up to Rs. 2.50 lakhs. ITAT deleted addition

2 years ago

ITAT deleted addition for cash deposits in bank during demonetization period following CBDT Instruction that no addition to be made up…

  • GST

Time limit of 30 days for Reporting GST e-Invoices on the IRP Portal

2 years ago

Time limit for Reporting GST e-Invoices on the IRP Portal The Government has decided to impose a time limit on…

  • RBI

FIs to release all property documents and remove charges within 30 days of repayment of loan

2 years ago

Financial Institutions to release all property documents and remove charges within 30 days of repayment of loan or to pay…

  • Income Tax

Issue of bonus shares not taxable. ITAT deleted addition made u/s 56(2)(vii)(c) 

2 years ago

Issue of bonus shares not taxable. ITAT deleted addition made u/s 56(2)(vii)(c) of the Income Tax Act 1961 In a…

  • Income Tax

Excess stock of gold found during survey cannot be isolated with regular stock in trade – ITAT

2 years ago

Excess stock of gold found during survey cannot be isolated with regular stock in trade to be treated unexplained investment…

  • Income Tax

Margin of profits in Arhat business is not comparable with previous years

2 years ago

Margin of profits in Arhat business is not strictly comparable with previous years unlike other business ventures. It depends upon…