• Income Tax

Exemption limit of Leave Salary Encashment for Non Govt Employees increased to Rs. 25 Lakhs

3 years ago

Exemption limit of Leave Salary Encashment u/s 10(AA) of employees other than Central/State Government Employees notified as Rs. 25 Lakhs…

  • Income Tax

CBDT notifies class of persons not covered under Angel Tax

3 years ago

CBDT notifies class of persons investment by whom not covered under Angel Tax u/s 56(2)(viib)  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

  • GST

Extension of due dates for filing various GST Returns for or April, 2023 in Manipur

3 years ago

CBIC extends due date for filing various GST Returns in the State of Manipur In view of the violence in…

  • Income Tax

Excel utilities of ITR 1 2 3 & ITR 4 for AY 2023-24 available for download at e-filing portal

3 years ago

Excel utilities of ITR 1, ITR 2, ITR-3 and ITR 4 for AY 2023-24 are available for filing. Download Link…

  • Income Tax

Guidelines – Compulsory Selection of ITRS for Complete Scrutiny during FY 2023-24

3 years ago

Central Board of Direct Taxes (CBDT) has issued guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year…

  • Income Tax

CBDT extends due date for renewal of registration by Charitable Trusts to 30.09.2023

3 years ago

  CBDT extends due date for applying for renewal / grant of provisional registration by Charitable Trusts to 30.09.2023. Failure…

  • Income Tax

Violation of Section 269SS can not be escaped by genuineness or bona fides of transaction

3 years ago

Penalty u/s 271D for violation of Section 269SS can not be escaped by establishing genuineness or bona fides of the…

  • Income Tax

Applying registration u/s 12AA without surrendering PAN of firm was Fraud

3 years ago

Assessee committed fraud by applying registration u/s 12AA without surrendering earlier PAN issued as firm in the very same name…

  • Income Tax

50 % expenditure allowed from Consultancy services without proof of expenses

3 years ago

50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS…

  • Income Tax

Penalty u/s 272A(1)(d) deleted as counsel misled and not informed of assessment/penalty

3 years ago

Penalty u/s 272A(1)(d) deleted as counsel misled by filing inaccurate return and not informed of assessment and penalty notices  ABCAUS…