• Income Tax

Non searched persons liable to pay interest on late filing of return u/s 158BC – Supreme Court

3 years ago

Non searched persons liable to pay interest on late filing of return u/s 158BC even in absence of a notice…

  • contract-law

Party to contract can’t question amount of consideration after signing it – Supreme Court

3 years ago

A party to contract not entitled to question amount of consideration after signing the contract – Supreme Court ABCAUS Case…

  • Income Tax

SC amends section 10(26AAA), extends to all Sikkimese & women who marries non Sikkimese

3 years ago

Supreme Court amends section 10(26AAA) to extend exemptions to Sikkimese and women who marries non Sikkimese ABCAUS Case Law Citation…

  • Income Tax

Liability of company paid by Director in cash is cash loan u/s 269SS liable to penalty us/ 271D

3 years ago

Liability of company paid by Director in cash is cash loan u/s 269SS liable to Penalty u/s 271D of the…

  • Bank

Anticipatory Bail granted to accused of using forged Income Tax Return for bank loan

3 years ago

Anticipatory bail granted to accused of using forged Income Tax Return (ITR) for taking bank loan ABCAUS Case Law Citation…

  • GST

Clarification on GST rates & classification based on GST Council 48th Meeting

3 years ago

  Clarification on GST rates & classification based on GST Council 48th Meeting   CBIC has issued Circular No. 189/01/2023-GST…

  • GST

Clarifications regarding applicability of GST on certain services. CBIC Circular

3 years ago

GST on accommodation services supplied by Air Force Mess to its personnel & incentive paid by MeitY to acquiring banks…

  • ICAI

Social Audit Standard (SAS) 100 Eradicating hunger, poverty, malnutrition & inequality

3 years ago

ICAI issues Social Audit Standard (SAS) 100 - Eradicating hunger, poverty, malnutrition and inequality This Social Audit Standard issued by…

  • Income Tax

Deemed dividend can’t be taxed in the hands of Partnership firm not having shares in company

3 years ago

Deemed dividend to be taxed in the hands of individual shareholder and not in the hands of Partnership Firm in…

  • Income Tax

Interest paid to deceased partner can’t be disallowed if book entry passed on year end.

3 years ago

Interest paid to legal heirs of deceased partner cannot be disallowed merely on ground of passing book entry on year…