• Income Tax

Interest u/s 234A can’t be levied on self-assessment tax paid before due date of filing ITR

10 months ago

Interest under section 234A cannot be levied on self-assessment tax paid before the due date of filing of return of…

  • SEBI

SEBI defers timeline for implementation of Phase III of Nomination

10 months ago

SEBI defers timeline for implementation of Phase III of Nomination SEBI had issued a circular on “Revise and Revamp Nomination…

  • RBI

RBI revises directions on opening & Maintenance of CC, CA & OD by Banks

10 months ago

RBI revises directions on opening & Maintenance of Cash Credit accounts, Current Accounts and Overdraft Accounts by all Banks Reserve…

  • Income Tax

RP can not claim income tax refund for period prior to approval of resolution plan

10 months ago

Resolution Professional can’t claim income tax refund for a period prior to approval of the resolution plan In a recent…

  • Income Tax

Appeal should not be dismissed for limitation as delay can be compensated in terms of money

10 months ago

An Appeal should not be thrown away on the ground of limitation as delay can always be compensated in terms…

  • CA CS CMA

NFRA invites applications from CAs/CMA for position of Young Professional on contract basis

10 months ago

NFRA invites applications from CAs/CMA and other professionals for position of Young Professional on contract basis The National Financial Reporting…

  • GST

Manipur Goods & Services Tax (2nd Amendment) Act 2025 gets President’s Assent

10 months ago

Govt has notified the Manipur Goods and Services Tax (Second Amendment) Act, 2025 The Bill was introduced in Lok Sabha…

  • Income Tax

No addition can be made only on basis of Whatsapp Chats between director & employee

10 months ago

No addition can be made only on basis of Whatsapp Chats between director and employee of the company as apart…

  • Income Tax

Wrong penalty section in Assessment order can be rectified being mistake apparent on record

10 months ago

Wrong penalty section mentioned in Assessment order can be rectified being mistake apparent on record when there is no debate…

  • Income Tax

All business Income not qualify for deduction u/s 36(1)(viii) unless derived from long-term finance

10 months ago

Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction…