• Income Tax

For Registration u/s 12AB, phrase “genuineness of activities” is interpreted liberally

2 weeks ago

Phrase "genuineness of activities" has been interpreted liberally by various judicial forums including the ITAT and High Courts - ITAT…

  • Income Tax

If AO rejects a reply, he has to offer opportunity of personal hearing to assessee

2 weeks ago

If assessing officer rejects a reply, he had to offer an opportunity of personal hearing to the assessee– Allahabad High…

  • Income Tax

Decisions of withdrawal & redeposit of cash fall within domain of commercial expediency

2 weeks ago

Business decisions such as withdrawal and redeposit of cash fall within the domain of commercial expediency and AO cannot substitute…

  • High Courts

HC awarded interest @ 12% p.a. on excess excise duty refunded after twelve years

2 weeks ago

High Court has awarded interest @ 12% p.a. on excessive excise duty refunded after twelve years after petitioners was compelled…

  • Income Tax

NSDL latest e-TDS TCS RPU Version 5.8 and FVU 9.03 applicable from 23rd January 2026 – Download

2 weeks ago

NSDL latest e-TDS TCS RPU Version 5.8 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing…

  • Income Tax

Assessee bound to deduct TDS u/s 194I and 194J on the provisions made in accounts

2 weeks ago

Assessee duty bound to deduct TDS u/s 194I and 194J of the Act on the provisions for rent and professional…

  • DGFT

A Notification acquires force of law only upon its publication in Official Gazette – SC

2 weeks ago

Notification issued acquires the force of law only upon its publication in the Official Gazette – Supreme Court In a…

  • Income Tax

Case remitted to verify claim of RTO liaisoner that cash deposited belonged to vehicle owners

2 weeks ago

Case remitted to verify claim of RTO liaisoner that the cash deposited in his account was of vehicle owners and…

  • Empanelment

J&K Bank Ltd. invites on-line applications for empanelment as Stock Auditors

3 weeks ago

The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for 3 Financial Years i.e. from…

  • Income Tax

Broken period interest on securities held as stock-in-trade is revenue expenditure

3 weeks ago

Broken period interest paid on purchase of securities was revenue expenditure since the securities constituted stock-in-trade In a recent judgment,…