• Empanelment

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26

5 months ago

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application…

  • Income Tax

Section 87A rebate available for short-term capital gains – ITAT

5 months ago

No restriction that Section 87A rebate is not available for short-term capital gains. In a recent judgment, ITAT Agra has…

  • bankruptcy

Homebuyer entitled to possession if their name included in list of financial creditors

5 months ago

Homebuyer entitled to possession of the Apartment if their name incorporated in the list of financial creditors – Supreme Court…

  • GST

GSTN Advisory to file pending returns before expiry of three years on 01.10.2025

5 months ago

GSTN has issued advisory to taxpayers to reconcile records and file pending GST Returns within expiry of three years as…

  • Income Tax

Insurance premium paid for partner of the firm held as allowable expenditure

5 months ago

Insurance premium paid for partner of firm held allowable expenditure as it was incurred as a condition for availing business…

  • Income Tax

ITD advisory on new time limit of 2 years for filing TDS/TCS correction returns

5 months ago

Income Tax Department had issued an advisory on new time limit for filing TDS/TCS correction returns as per Income Tax…

  • Income Tax

Provision for discount allowed as expenses as it was discharged in subsequent Year

5 months ago

Provision for discount allowed as expenses as it had been discharged fully in the subsequent Assessment Year. In a recent…

  • Companies Act

Startup companies may now amalgamate/merge with unlisted companies

5 months ago

Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA…

  • Income Tax

Depreciation can not be disallowed even if software purchased was second hand – ITAT

5 months ago

Merely because vendor could not produce evidence for original purchase of software sold to assesssee, the depreciation thereon could not…

  • recovery

A person executing promissory note later can’t deny receiving cash for want of any proof.

5 months ago

Absence of documentary proof would not lead to conclusion that cash amount was not paid when the receiver has executed…