Banks to automate Income Recognition, Asset Classification & Provisioning processes Reserve Bank of India (RBI), in order to ensure the…
Asset Allocation of Multi Cap Schemes of Mutual Funds-SEBI Clarification Securities and Exchange Board of India PR No.…
Separate agreement towards rent of property and hiring charges for equipment and services allowable. Revenue cannot prevent it merely for…
Reassessment made by issue of notice 143(2) before filing of return of income is invalid and not sustainable in the…
Extension of the scheme Atal Beemit Vyakti Kalyan Yojana to 30.06.2021. The Scheme provides relief in case Insured Person becomes…
CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund u/s 10(47) of the Income Tax Act for assessment year…
CBDT transfers officers in grade of PCITs/CCITs for implementing Faceless Assessment Scheme CBDT has transferred/ gave additional charge to 318…
Renovation of residential house allowable exemption u/s 54F as it amounts to construction of a residential house. ABCAUS Case Law…
Govt. constitutes Expert Committee on issue of waiver of interest & waiver of interest on interest & other related issues…
RBI Guidelines for Compliance functions in banks and Role of Chief Compliance Officer (CCO) RBI in April 2017 had issued…