• Income Tax

Stamp duty valuation or classification for fiscal purposes not change character of Agri land

3 days ago

Stamp duty valuation or classification for fiscal purposes does not determine the character of the property under the Income-tax Act…

  • Income Tax

Mere difference of cash deposit between two AYs not unexplained money

3 days ago

Difference of cash deposit between two Assessment Years cannot be added on illogical rationale that there cannot be any increase…

  • Income Tax

Reassessment bad as reasons to believe wrongly stated ITR was processed only u/s 143(1)

3 days ago

Reassessment order quashed as reasons to believe stated that return was processed only u/s 143(1) whereas return was actually processed…

  • Income Tax

SLP dismissed against bogus liability named “book overdraft” for cheques not presented

4 days ago

SLP dismissed against bogus liability styled as “book overdraft” reflected as payable to banks for cheques issued not presented to…

  • Empanelment

NALCO invites RFP for empanelment of CA/CMA firms for internal audit

4 days ago

NALCO invites RFP for empanelment of chartered accountant/cost accountant firms for conducting internal audit. National Aluminium Company Limited (NALCO) invites…

  • Income Tax

Notice u/s 148 issued prior to due communication of approval u/s 151 invalid

4 days ago

ITAT quashed reassessment as notice u/s 148 was issued even prior to the due communication of approval u/s 151 to…

  • Income Tax

Assessee misread lower rate of TDS in certificate u/s 197 allowed to submit Form 26A

4 days ago

ITAT allowed assessee to submit Form 26A before AO as he misunderstood lower rate of TDS in certificate u/s 197…

  • Empanelment

Odisha Grameen Bank invites applications for Concurrent Audit Last date : 10/11/2025

5 days ago

Odisha Grameen Bank invited applications for Concurrent Audit from Chartered Accountant Firms. Last date for application to reach bank is…

  • tender

Supreme Court interprets Tender condition to submit ITR of “previous financial year”

5 days ago

Tender condition to submit income tax return of the “previous financial year” would not mean Financial Year for which time…

  • Income Tax

Object of a procedure is to advance cause of justice not to obstruct justice – ITAT

5 days ago

The object of a procedure is to advance the cause of justice. Procedural law is not to be tyrant but…