• Income Tax

Performance in Vivad se Vishwas Scheme to be part of Appraisal of Income Tax Officials

6 years ago

Performance in respect of Vivad se Vishwas Scheme to be part of Income Tax Officials Appraisal for FY 2019-20. Important…

  • Income Tax

Only about 2200 professionals disclosed income of more than Rs. 1 crore – CBDT

6 years ago

Only about 2200 professionals disclosed income of more than Rs. 1 crore - CBDT clarification The other day, from TIMESNOW…

  • ICAI

ICAI Guide and FAQ on IndAS 20, Accounting for Government Grants and Disclosure

6 years ago

ICAI Guide and FAQ on Indian Accounting Standards 20, Accounting for Government Grants and Disclosure of Government Assistance Educational Material…

  • Finance Ministry

Banning of Unregulated Deposit Schemes Rules 2020. Complaint by non depositor recognised

6 years ago

Banning of Unregulated Deposit Schemes Rules 2020. Property of deposit taker can be attached on complaint by non depositor MINISTRY…

  • Finance Ministry

Finance Ministry notified Qualifications for appointment of ITAT/CESTAT President/Members

6 years ago

Finance Ministry notified Qualifications for appointment of ITAT, CESTAT & Other Tribunals President/Members. Composition of Search-cum Selection Committee In Nov…

  • Government

FASTag available free of charge for 15 days. Security deposit & minimum balance amount remain same

6 years ago

FASTag to be available free of charge for 15 days In order to further increase digital collection of user fee…

  • Income Tax

Concealment penalty deleted. Assessee wasn’t habitual defaulter, surrendered to buy peace

6 years ago

Concealment penalty deleted as assessee was not habitual defaulter, made surrender only to buy peace and did not contest the…

  • ICAI

ICAI elects President and Vice President for the term 2020-21

6 years ago

ICAI elects President and Vice President for the term 2020-21 CA. Atul Kumar Gupta has been elected as President of…

  • Income Tax

Appeal allowed as assessee was illiterate, did not get good legal advice on proper grounds

6 years ago

Appeal allowed as assessee was illiterate, did not get good legal advice. Even proper and appropriate grounds could not be…

  • Income Tax

Penalty u/s 271(1)(c) for inadvertent error of accountant deleted as conduct not found contumacious

6 years ago

Penalty u/s 271(1)(c) for inadvertent error of accountant deleted as assessee revised belated return and his conduct was not contumacious…