• ICAI

ICAI bars four Chartered Accountants on the charges of Professional Misconduct 

3 years ago

ICAI bars four Chartered Accountants on the charges of Professional Misconduct  ICAI has notified name of four chartered accountants to…

  • Income Tax

Common Area Maintenance Charges liable to TDS @ 2% u/s 194C not @10% u/s 194I – ITAT

3 years ago

Common Area Maintenance Charges (CAM charges) liable for TDS rate @ 2% u/s 194C as contractual payment and not @10%…

  • GST

GSTN New facility to verify document Reference Number (RFN) on offline communications

3 years ago

GSTN New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities GSTN has…

  • Supreme Court

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023 

3 years ago

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023  The Supreme Court of India has published a…

  • Income Tax

AO can not question genuineness of medical certificate unless has material to counter it-ITAT

3 years ago

AO can not question genuineness of medical certificate unless he has some material to counter it – ITAT deletes penalty…

  • Income Tax

Employers contribution not covered under Supreme Court order in case of Checkmate

3 years ago

Employers contribution not covered under Supreme Court order in case of Checkmate. Payment by cheque within due date allowed by…

  • Income Tax

No prohibition to adjust seized cash with self assessment tax – ITAT

3 years ago

There is no prohibition to adjust seized cash with self assessment tax. Only prohibited is for adjustment of seized cash…

  • Income Tax

Salary, legal expenses, board meeting, Director fees not attributable to Fixed Deposit interest 

3 years ago

Employee Salary, legal expenses, board meeting expenses, Director sitting fees can not be attributed to Fixed Deposit interest - ITAT…

  • Income Tax

Benefit of exemption u/s 11 can not be denied for mere delay in filing of audit-report

3 years ago

Benefit of exemption u/s 11 can not be denied for mere delay in filing of audit-report with return of income…

  • Income Tax

Loss for purpose prohibited or offence not deductible irrespective of legality of business

3 years ago

Loss incurred for any purpose which is an offence or which is prohibited by law is not deductible irrespective of…