• Income Tax

Rules revised for determining value of residential accommodation provided by employer

2 years ago

CBDT amends income tax rules for determining value of residential accommodation provided to the assessee by the employer CBDT notifies…

  • Income Tax

ITAT refused additional evidence as assessee failed to give reasons for not filing before AO

2 years ago

ITAT refused to admit additional evidence when were available with assessee before the completion of the assessment and no reasons…

  • Income Tax

Facility of income tax challan correction launched through e-filing portal

2 years ago

Facility of income tax challan correction launched through e-filing portal The income tax department has launched facility of income tax…

  • Income Tax

Fixed Deposit Interest income of Clubs taxable, principle of mutuality not apply – Supreme Court

2 years ago

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 erroneous – Supreme Court

2 years ago

Service Tax show cause was illegal as classification of services mentioned was completely erroneous – Supreme Court In a recent…

  • ICAI

ICAI cancelled membership of 6834 chartered accountants for non payment of fee

2 years ago

ICAI cancelled membership of 6834 chartered accountants for non payment of fee The Institute of Chartered Accountants of India (ICAI)…

  • Income Tax

Telegraphic transfer buying rate to be exchange rate for TDS on income payable in foreign currency

2 years ago

Telegraphic transfer buying rate to be rate of exchange for the purpose of deduction of tax at source on income…

  • Income Tax

CBDT issues Guidelines under clause (10D) of section 10 of Income-tax Act w.e.f. AY 2024-25

2 years ago

CBDT issues Guidelines under clause (10D) of section 10 of Income-tax Act from AY 2024-25 Clause (10D) of section 10…

  • Income Tax

Consideration used in section 48 does not have any reference to market value

2 years ago

Consideration used in section 48 does not have any reference to market value but only to consideration referred to in…

  • IRDAI

IRDAI invites Application for Young Professional Program, 2023. Last date to apply 01.09.2023.

2 years ago

IRDAI invites Application for Young Professional Program, 2023 IRDAI offers an opportunity to young individuals to work on important initiatives…