• Income Tax

Payment on behalf of shareholder, debited to his deposit account not deemed dividend

5 days ago

Payment made on behalf of the shareholder and debited to his deposit account having credit balance not deemed dividend u/s…

  • Income Tax

Assesssing Officer can’t refer decision to initiate levy of Penalty to Superior Officer

6 days ago

Assesssing Officer can’t refer decision to initiate levy of Penalty u/s 271D to Superior Officer unless he himself arrives at…

  • Income Tax

New Tax Regime benefit allowed in view of direction of SC despite belated Form 10IE

6 days ago

New Tax Regime benefit granted despite belated filing of Form 10IE in view of directions of Supreme Court for exclusion…

  • Income Tax

Revenue can’t take advantage of mistakes of assessee, ITAT remands claim of exemption u/s 10(23C)(iiiad) to AO

1 week ago

Revenue can not take advantage of mistakes of assessee, ITAT remands claim of exemption u/s 10(23C)(iiiad) to AO In a…

  • Empanelment

CGDA invites application for engagement of CAs as Young Professionals

1 week ago

Controller General of Defence Accounts invites application for engagement of CAs as Young Professionals The office of the Controller General…

  • Income Tax

Reopening on audit objection invalid when AO had all information during assessment

1 week ago

Reopening based on audit objection invalid when AO had all the information at the time of assessment In a recent…

  • bankruptcy

NCLT not required to go into inability of a corporate debtor to pay its debt – SC

1 week ago

Under IBC, Adjudicating Authority not required to go into the inability of a corporate debtor to pay its debt –…

  • ICAI

ICAI specifies categories to which ceiling of 60 audits applicable for UDIN generation

1 week ago

ICAI specifies categories to which ceiling of 60 audits applicable for UDIN generation Field-Level Validation for all sub-categories under section…

  • ICAI

ICAI (Global Networking) Guidelines 2025

1 week ago

ICAI (Global Networking) Guidelines 2025 ICAI has issued ICAI (Global Networking) Guidelines 2025 to promote Networking amongst one or more…

  • Income Tax

Personal appearance of a director is not a statutory substitute for documented traceability

2 weeks ago

Personal appearance of a director is not a statutory substitute for documented traceability in a corporate assessment – High Court…