Delay in filing appeal condoned as rectification application u/s 154 was not decided and it constitute a sufficient and reasonable…
Disallowance on ad-hoc basis not justified without pointing out specific expenses being not incurred wholly and exclusively for business In…
SEBI extends provisions for alignment of interest of Key Employees of Asset Management Companies (AMCs) with the Unitholders of the…
Prudential norms for liquidity risk management for open ended debt schemes. Base calculation for asset allocation limits Securities and Exchange…
Framework for Alternative Investment Funds (AIFs) to invest simultaneously in units of other AIFs and directly in securities of investee…
RBI issues Guidelines on Managing Risks in Outsourcing of Financial services by Co-operative Banks RBI has observed that the co-operative…
Where ITR is processed u/s 143(1) AO can form reasons to believe that income has escaped assessment by examining the…
Activity of running hostel by Dental college not a separate business activity and pre conditions u/s 11(4A) do not apply…
CBDT grants further extension in timelines of compliances, announces tax exemption for expenditure on Covid treatment and ex-gratia received…
No addition can be made on issues for which case was not reopened. Reassessment quashed as addition made on issues…