Mandatory provisions of Section 153C must be followed before proceeding where AO is same for person searched and third party…
ICSI to award structured CPE Credits to members attending programmes organized by HQs, ROs, Chapters, CCGRT and CoE through electronic…
Government extends certain timelines under Income Tax Act in view of Covid-19 pandemic As per Press Release issued by the…
Section 115BBC is silent unlike section 68 which casts obligation on assessee to explain amount credited to the satisfaction of…
CIT Revision u/s 263 order not mentioning twin conditions of being erroneous and prejudicial to the interest of revenue quashed…
RBI takes supervisory action on Card Networks – American Express Banking Corp. and Diners Club International Ltd The Reserve Bank…
IRDAI direction to Insurance Companies provide cashless treatment of Covid-19 to policyholders IRDAI has issued direction to Insurance Companies provide…
Reduction in Gross/Net Profit rate not ipso facto a ground for making disallowance of expense but a triggering point for…
Opening balance of loan creditor brought forward from preceding year cannot be treated as unexplained cash credit or bogus credit…
Spending of CSR funds for 'setting up makeshift hospitals and temporary COVID Care facilities ' is an eligible CSR activity…