• Income Tax

Addition based on statement recorded deleted as witness not appeared for cross examination

6 years ago

Addition based on statement recorded deleted as witness did not appear for cross examination on Departments notice ABCAUS Case Law…

  • Income Tax

Disallowance u/s 40A(2)(b)-Excess over FMV to be seen as per legitimate needs of business

6 years ago

Disallowance u/s 40A(2)(b) AO has to form opinion if expenses more than FMV according to legitimate needs of business. ABCAUS…

  • SEBI

Extension of relaxations relating to procedural matters in Takeovers and Buy-back

6 years ago

Relaxations relating to procedural matters in Takeovers and Buy-back to apply to open offers and buy-back through tender offers  Securities…

  • Companies Act

Special Court for trial u/s 435 of Companies Act 2013 notified for Assam

6 years ago

Special Court for trial of u/s 435 of Companies Act 2013 notified for Assam MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New…

  • FEMA

Proceeding against Company Director for FERA contravention – Necessary ingredients

6 years ago

Proceeding against Company Director for FERA contravention. Necessary ingredients are similar to section 141 of Negotiable Instrument Act - SC…

  • ICAI

ICAI offers Financial Assistance for treatment of Corona disease

6 years ago

ICAI offers Financial Assistance for treatment of Corona disease ICAI Financial Assistance for Corona disease The Institute of Chartered Accountants…

  • ICAI

ICAI clarification on illegal and unauthorised use of acronym “ICAI” by Institute of Cost Accountants

6 years ago

ICAI clarification on illegal and unauthorised use of acronym “ICAI” by Institute of Cost Accountants Illegal and unauthorised use of…

  • GST

High Court set aside application for rejection of revocation of GST registration cancellation

6 years ago

High Court set aside rejection of application for revocation of GST registration cancellation order in view of Central Goods and…

  • Income Tax

Chart of extended due dates for filing of TDS / TCS returns etc. due to Covid-19 Pandemic

6 years ago

Chart of extended due dates for filing of TDS / TCS returns etc. due to Covid-19 Pandemic Revised Due dates…

  • Income Tax

Assessee not permitted to change head of income as per his own sweet will & convenience – ITAT

6 years ago

Assessee not permitted to change head of income as per his own sweet will and convenience. ITAT upheld addition following…