• Income Tax

Revision u/s 263 done on issues not covered under limited scrutiny quashed

6 years ago

Revision u/s 263 done on issues not covered under limited scrutiny quashed as AO had already verified those issues for…

  • Income Tax

Income Tax Act is welfare not penal legislation. intention is to provide benefit of doubt to assessee

6 years ago

Income Tax Act is welfare not penal legislation. intention is to provide benefit of doubt to assessee in the given…

  • GST

GST Councils 38th meeting Highlights of decisions taken on Rate Changes

6 years ago

GST Councils 38th meeting held on 18th December 2019. Highlights of decisions taken on Rate Changes   Ministry of FinancePress…

  • GST

GST Councils 38th meeting decisions on Law/Procedure changes. Extension of GSTR 9/9C Annual Return

6 years ago

GST Councils 38th meeting held on 18th December 2019. Highlights of decisions taken on Law/Procedure changes. Further Extension of GSTR…

  • Income Tax

Revised Returns filed belatedly after amalgamation of companies held valid by the Supreme Court

6 years ago

Revised Returns filed belatedly after amalgamation of companies was held to be valid by the Supreme Court in view of…

  • Income Tax

CBDT extends condonation of delay in filing Form No. 9A & Form No. 10 for Assessment Year 2017-18 

6 years ago

CBDT extends condonation of delay in filing Form No. 9A & Form No. 10 for Assessment Year 2017-18  CBDT vide…

  • Income Tax

Failure of AO to apply section 184(5) makes assessment order erroneous & prejudicial to Revenue

6 years ago

Failure of AO to apply/examine applicability of section 184(5) makes the assessment order erroneous and prejudicial to the interests of…

  • Income Tax

Reassessment u/s 148 due to credit card payment. Addition deleted in view of returned income

6 years ago

Reassessment u/s 148 due to credit card payment. ITAT directed AO to delete the addition made in view of returned…

  • Income Tax

CBDT promoted 113 Officers to the grade of CIT. 165 local changes also ordered. Read CBDT Order

6 years ago

CBDT promoted 113 Officers to the grade of Commissioner of Income Tax (CIT).  78 transfers have also been made in…

  • RBI

RBI released Annual Report of the Ombudsman Schemes for 2018-19. Read Highlights

6 years ago

RBI released Annual Report of the Ombudsman Schemes for the year 2018-19 - Read Highlights The Reserve Bank of India…