• Income Tax

Estimating higher gross profit rate without rejecting books of account not permissible

3 years ago

Estimating higher gross profit rate without rejecting books of account or pointing out any defects or discrepancies in the audited…

  • Income Tax

Pension fund 2743298 Ontario Limited notified for exemption u/s 10(23FE) of Income Tax Act

3 years ago

Pension fund 2743298 Ontario Limited notified for exemption u/s 10(23FE) of Income Tax Act   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

  • Income Tax

Revision of exceptions to monetary limits for filing appeals deferred u/s 158AB

3 years ago

  CBDT revises exceptions to monetary limits for filing appeals u/s 158AB where identical question of law is pending before…

  • Income Tax

Maintenance charge received from tenants held income from Business / Profession

3 years ago

Maintenance charge income received from tenants held income from business or profession not income from house property. ABCAUS Case Law…

  • Income Tax

Addition of Mobilization Advances based on gross receipts in 26AS statement deleted

3 years ago

Addition of Mobilization Advances based on gross receipts as per 26AS statement deleted as mobilization advance was offered to tax…

  • Income Tax

Delay in filing appeal condoned due to mismatch in aadhaar and pan data not allowing EVC

3 years ago

Delay in filing appeal condoned due to mismatch in aadhaar and pan data not allowing e-verification by OTP ABCAUS Case…

  • Income Tax

Tax Audit provisions do not apply to “other income” shown in Profit & Loss Account

3 years ago

Tax Audit provisions do not apply to items of other income shown in Profit & Loss Account when business turnover…

  • Income Tax

Appeal lies with CIT(A) against non-grant of TDS credit by CPC Intimation u/s 143(1) of the Act

3 years ago

Appeal lies with CIT(A) against non-grant of TDS credit by CPC Intimation u/s 143(1) of the Act.  ABCAUS Case Law…

  • Companies Act

Form CSR-2 to be filed separately for FY 2022-2023 on or before 31st March 2024

3 years ago

Form CSR-2 to be filed separately for FY 2022-23 on or before 31st March, 2024 after filing Financial Statements in…

  • Companies Act

MCA amends LLP Form No. 3 in Limited Liability Partnership Rules, 2009

3 years ago

MCA amends LLP Form No. 3 in Limited Liability Partnership Rules, 2009. the Limited Liability Partnership (Amendment) Rules, 2023 MINISTRY…