Market value of stock instead of cost no basis to determine undisclosed income. Penalty u/s 271AAB not mandatory ABACUS Case…
Expenditure on ERP Software allowed as Revenue in nature despite being treated as deferred revenue expenditure in the books of…
Government appoints Shri Keshav Chandra, IAS as Director in the Serious Fraud Investigation Office (SFIO) under Ministry of Corporate Affairs…
“Transparent Taxation – Honoring the Honest” Platform to be launched on 13th August 2020. Transparent Taxation – Honoring the Honest…
Income Tax Investigation Wing and Central charges to resume sending notices to assessees electronically F. No. 414/ 29 /2020 -IT…
Income Tax Department conducts search on premises of Chinese entities As per a Press Release issued by Finance Ministry, the…
Daughters have coparcenary rights from birth even if father not alive on commencement of Hindu Hindu Succession (Amendment) Act 2005…
Section 139A not to apply to non-resident (except company) who makes investment in a specified fund subject to few conditions…
Govt. designates three Special Courts in Maharashtra for trial of offences punishable under the Income-tax Act, 1961 MINISTRY OF FINANCE(Department…
Trustees of Mutual Funds to appoint dedicated officer to give administrative assistance in monitoring various activities of the AMCs Securities…