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…
RBI allows declaration and payment of dividends by banks for financial year ended March 31 2021. Declaration / Payment of…
The ICSI Plasma Bank- ICSI has launched a website wherein any one can register to volunteer for donating plasma all…
CBDT notifies Canada Pension Plan Investment Board for exemption u/s 10(23FE) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)…