• Income Tax

Reduction in Gross/Net Profit rate no ipso facto a ground for making disallowance of expenses

5 years ago

Reduction in Gross/Net Profit rate not ipso facto a ground for making disallowance of expense but a triggering point for…

  • Income Tax

Opening balance of loan creditor cannot be treated as unexplained cash credit or bogus credit

5 years ago

Opening balance of loan creditor brought forward from preceding year cannot be treated as unexplained cash credit or bogus credit…

  • Companies Act

Spending CSR funds for setting up makeshift hospitals/temporary COVID Care facilities eligible CSR activity

5 years ago

Spending  of  CSR  funds for 'setting up makeshift hospitals and temporary COVID Care facilities ' is an eligible CSR activity…

  • RBI

RBI allows banks to pay dividends for Financial Year ended March 31 2021. Read norms

5 years ago

RBI allows declaration and payment of dividends by banks for financial year ended March 31 2021. Declaration / Payment of…

  • ICSI

The ICSI Plasma Bank- ICSI has launched a website wherein any one can register to volunteer for donating plasma

5 years ago

The ICSI Plasma Bank- ICSI has launched a website wherein any one can register to volunteer for donating plasma all…

  • Income Tax

CBDT notifies Canada Pension Plan Investment Board for exemption u/s 10(23FE)

5 years ago

CBDT notifies Canada Pension Plan Investment Board for exemption u/s 10(23FE) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)…

  • SEBI

SEBI extends relaxations relating to procedural matters related to issues and Listing

5 years ago

SEBI extends relaxations relating to procedural matters related to issues and Listing SECURITIES AND EXCHANGE BAORD OF INDIA CIRCULAR SEBI/HO/CFD/DIL2/CIR/P/2021/552…

  • Income Tax

CBDT lays down Format, Procedure & Guidelines for submission of SFT for Dividend & Interest income

5 years ago

CBDT prescribes format, Procedure & Guidelines for submission of Statement of Financial Transactions (SFT) for Dividend income & Interest income…

  • Income Tax

Addition for reconciliation difference in closing balance of debtor deleted by ITAT

5 years ago

Addition for reconciliation difference in the closing balance of debtor as per books of account of the assessee and that…

  • Income Tax

Addition u/s 68 for cash deposit prior to issue of cheque by lender deleted as deposit was out of cash withdrawn earlier

5 years ago

Addition u/s 68 for cash deposit prior to issue of cheque by lender deleted as deposit was out of cash…