• Income Tax

Revision u/s 263 upheld on discrepancy in turnover between tax audit report & PL A/c

4 days ago

In the absence of enquiry on discrepancy in turnover between tax audit report vis-à-vis turnover disclosed in P&L account, order…

  • Income Tax

Registration u/s 12A cannot be rejected merely for mentioning wrong section code

4 days ago

Registration u/s 12A cannot be rejected simply on the basis of mentioning of a wrong section code which is a…

  • ICAI

ICAI reduces verification/certified copies fee of Chartered Accountants examinations

4 days ago

ICAI reduces verification/certified copies fee of Chartered Accountants examinations  The Examination Committee of ICAI has decided to revise and reduce…

  • ESIC

ESIC can’t invoke Section 45A on allegation of mere inadequacy of record – SC

4 days ago

ESIC can’t invoke Section 45A on the allegation of inadequacy of record but only in case of non-production of the…

  • GST

GSTN has issued a Consolidated FAǪ on GSTR 9/9C for the FY 2024-25

4 days ago

GSTN has issued a Consolidated FAǪ on GSTR 9/9C for the FY 2024-25 GSTN has published series of FAQ on…

  • tender

Tender condition of experience “in same name & style of tenderer” – SC allows JV experience

4 days ago

Tender condition of experience in the same name and style of tenderer can not overlook experience in joint venture unless…

  • Income Tax

Property received from relative is exempt u/s 56(2)(x) cannot be taxed u/s 68 indirectly

4 days ago

Receipt of immovable property from relative is not taxable u/s 56(2)(x) and cannot be brought o tax u/s 68 for…

  • CA CS CMA

NFRA issues points of compliance by auditor for maintenance, archival & submission of Audit File

5 days ago

Maintenance, archival and submission of Audit File to National Financial Reporting Authority (NFRA) - Points of compliance by the audit…

  • Income Tax

Rejecting condonation of delay without verifying medical certificates – order set aside

5 days ago

Rejecting condonation of delay and dismissing appeal without verifying medical certificates – ITAT sets aside order of CIT(A) In a…

  • Income Tax

Common Area Maintenance Charges not rent liable to TDS u/s 194-I – SLP dismissed

5 days ago

Common Area Maintenance (CAM) Charges cannot, by any stretch, be construed as payment of rent liable to TDS under section…