• Income Tax

Security deposit foregone could not be claimed as revenue expenditure

3 years ago

Security deposit given for renting a premise could not be treated as revenue expenditure when the deposit if foregone -…

  • GST

Recommendations of 50th meeting of GST Council. Changes in GST rates and services

3 years ago

Recommendations of 50th meeting of GST Council The 50th meeting of the Goods and Services Tax (GST) Council was held here…

  • Income Tax

Non verification of source of investment made assessment order erroneous & prejudicial

3 years ago

Non verification of source of investment made in mutual funds rendered assessment order erroneous and prejudicial to the interest of…

  • Income Tax

CIT(A) has no jurisdiction to allow or reject claim of immunity from penalty u/s 270AA – ITAT

3 years ago

CIT(A) has no jurisdiction to allow or reject claim of immunity from penalty u/s 270AA - ITAT In an important…

  • Prevention of Money Laundering Act 2002

GST Network brought under PMLA

3 years ago

GST Network brought under PMLA MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 7th July, 2023 G.S.R. 491(E).—In exercise…

  • ICAI

ICAI issues Audit Working paper Templates required to be prepared by auditors

3 years ago

ICAI issues Audit Working Paper Templates The Auditing and Assurance Standards Board (AASB) of ICAI has issued a publication titled…

  • Income Tax

CBDT clarification & FAQs on TCS on LRS and on purchase of overseas tour program package

3 years ago

CBDT clarification & FAQs on changes in Tax Collection at Source (TCS) on Liberalised Remittance Scheme (LRS) and on purchase of…

  • Income Tax

Extension of due date for submission of TDS/TCS Statements for quarter ended June 2023

3 years ago

Extension of due date for submission of TDS/TCS Statements for quarter ended June 2023 CBDT has extended due date for…

  • ICAI

ICAI unveil a Special Logo to commemorate 75th Year on eve of CA day

3 years ago

ICAI unveil a Special Logo to commemorate 75th Year on eve of CA day ICAI has unveil a Special Logo…

  • ICAI

ICAI changes cut-off date to 1st July from 1st January for MEF – Bank Branch Auditors Panel 

3 years ago

ICAI changes the cut-off date to 1st July instead of 1st January of every year for the MEF / Bank…