Mere providing evidence relied upon by AO no substitute of fundamental right of opportunity for cross-examination - ITAT ABCAUS Case…
Penal interest on loan defaults replaced by Penal Charges i.e, no further interest on such charges. RBI releases Draft Circular…
Section 69 & 115BBE not applicable on excess stock generated out of business income ABCAUS Case Law Citation:ABCAUS 3704 (2023)…
New Logo of SEBI unveiled. new logo retains traditional blue colour palette while also reflecting the aspiration of a…
ICAI CPE Hours requirements to be Calendar year wise from 2023 onwards Granting of 4 Structured CPE hours in online…
GPF interest rate to be 7.1% from 1st April 2023 to 30th June 2023 MINISTRY OF FINANCE(Department of Economic Affairs)…
No penalty u/s 271C on mere delay in deposit of TDS after deduction – Supreme Court No penalty can be…
Sale of Agricultural land converted into commercial land held non taxable as agricultural operations were continued – SC dismisses SLP…
Income Tax assessment order passed u/s 143(3) supports that party was not bogus, very much existed and carried out business…
Acceptance of certain assignments by the Concurrent Auditor of Bank Branches - ICAI clarification ICAI has issued an advisory on…