• Income Tax

Once unaccounted income is admitted & attains finality, no protective addition can be made

2 months ago

Once unaccounted income is admitted and issue attains finality, no addition can be made on a protective basis for the…

  • Income Tax

Condonation of delay in filing Form 10B – ill-health of executive trustee, a bonafide reason

2 months ago

Condonation of delay in filing Form 10B/ITR. ill-health resulting in demise of executive trustee was a bonafide reason In a…

  • GST

Cancellation of GST registration would work against the interest of revenue – HC

2 months ago

Cancellation or Suspension of GST registration would be counterproductive and work against the interest of the revenue – HC In…

  • Income Tax

Validity of consolidated approval u/s 153D-ITAT Allahabad follows earlier decision over later one

2 months ago

ITAT Allahabad follows it previous decision on validity of consolidated approval u/s 153D, says it’s later decision was in violation…

  • Income Tax

Purchase made by E-way bill cannot be treated as bogus or non genuine – ITAT

2 months ago

Wherever assessee had purchased the materials by way of E-way bill such purchases cannot be treated as bogus or non…

  • bankruptcy

Mere defective affidavit with IBC application not render application non est – SC

3 months ago

Mere filing a defective affidavit with IBC application not render the application non est and liable to be rejected In…

  • Government

CRCs invites application for Young Professionals (Finance) from CA/CMA/CS

3 months ago

Engagement of two Young Professionals (Finance) in the office of Central Registrar of Cooperative Society on contractual basis. The office…

  • Government

Ministry of Civil Aviation hiring Young Professionals for Domestic Transport Division

3 months ago

Ministry of Civil Aviation hiring two Young Professionals for the Domestic Transport Division Invitation of applications for engagement of two…

  • Income Tax

Relying on investigation report without own reasons recorded is borrowed satisfaction u/s 148

3 months ago

Relying upon investigation report without own reasons recorded amounted to borrowed satisfaction u/s 148 which is not permissible In a…

  • Income Tax

Once cognizance of belated return taken, notice u/s 143(2) is mandatory – ITAT

3 months ago

AO taking cognizance of belated return ought to have issued the mandatory notice under section 143(2) of the Act -…