• GST

Determining tax liability u/s 74 of UPGST Act following Income Tax guidelines impermissible

3 years ago

Determining tax liability under Section 74 of UPGST Act, following Income Tax guidelines is impermissible – Allahabad High Court  ABCAUS…

  • Income Tax

Mere providing evidence relied upon is no substitute of right of cross-examination

3 years ago

Mere providing evidence relied upon by AO no substitute of fundamental right of opportunity for cross-examination - ITAT ABCAUS Case…

  • RBI

Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges – RBI

3 years ago

Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges. RBI releases Draft Circular…

  • Income Tax

Section 69 & 115BBE not applicable on excess stock generated out of business income

3 years ago

Section 69 & 115BBE not applicable on excess stock generated out of business income ABCAUS Case Law Citation:ABCAUS 3704 (2023)…

  • SEBI

New Logo of SEBI unveiled on the occasion of SEBI Foundation Day

3 years ago

  New Logo of SEBI unveiled. new logo retains traditional blue colour palette while also reflecting the aspiration of a…

  • ICAI

ICAI CPE Hours requirements to be Calendar year wise from 2023 onwards

3 years ago

ICAI CPE Hours requirements to be Calendar year wise from 2023 onwards Granting of 4 Structured CPE hours in online…

  • Finance Ministry

GPF interest rate to be 7.1% from 1st April 2023 to 30th June 2023

3 years ago

GPF interest rate to be 7.1% from 1st April 2023 to 30th June 2023 MINISTRY OF FINANCE(Department of Economic Affairs)…

  • Income Tax

No penalty u/s 271C on mere delay in deposit of TDS after deduction – Supreme Court

3 years ago

No penalty u/s 271C on mere delay in deposit of TDS after deduction – Supreme Court No penalty can be…

  • Income Tax

Sale of Agricultural land converted into commercial non taxable if operations continued

3 years ago

Sale of Agricultural land converted into commercial land held non taxable as agricultural operations were continued – SC dismisses SLP…

  • Income Tax

Income Tax assessment order passed u/s 143(3) supports that party was not bogus – ITAT

3 years ago

Income Tax assessment order passed u/s 143(3) supports that party was not bogus, very much existed and carried out business…