• Income Tax

Cash deposit before giving unsecured loan-Addition in hands of loan creditor or receiver?

5 months ago

Cash deposited in bank before giving unsecured loan. The addition if at all can be made u/s 69A in the…

  • Income Tax

Limitation for filing Rectification Application u/s 254(2)starts from the date order is served

5 months ago

Limitation for filing Rectification Application to ITAT u/s 245(2) starts from the date when the order of which rectification is…

  • Income Tax

Only actual days of services to be considered in computing threshold for constitution of PE

5 months ago

Only days on which actual services rendered by company to be considered in computing threshold for constitution of permanent establishment…

  • Income Tax

Depreciation on goodwill to amalgamated company upheld as AO took a plausible view

5 months ago

Depreciation on goodwill in the hands of amalgamated company upheld as Assessing Officer had taken a plausible view in line…

  • ICAI

Applicability of the Income-tax Act, 2025 from May 2027 CA Exams Onwards 

5 months ago

The ICAI has announced that provisions of the Income-tax Act, 2025 shall be applicable to CA exams conducted from 1st…

  • Income Tax

Addition u/s 68 deleted for want of cash trail, fund rotation or incriminating evidences

5 months ago

Addition u/s 68 deleted as there was no cash trail, rotation of funds, or incriminating evidences, no enquiry conducted into…

  • Income Tax

In re-allotment of flat by builder, stamp duty valuation is of the date of booking original flat

5 months ago

In case of re-allotment of flat by builder, stamp duty valuation would be with reference to date of booking of…

  • Income Tax

Information in loose papers not corroborated with assessee, can’t be said to belong to assessee

6 months ago

When information contained in loose papers not corroborated with assessee, there is absolutely no room for presumption that it belongs…

  • Income Tax

Setting aside remand order of CIT(A) without interfering with direction to delete addition, did not revive AO’s order

6 months ago

When CIT(A) order to remand case to AO was set aside without interfering with direction to delete addition, order of…

  • arbitration

Whether Arbitral Tribunal can grant a prohibited claim in a contract – Larger Bench to decide

6 months ago

Whether a prohibited claim in a contract applies only to the employer and not to the Arbitral Tribunal – Matter…