• Income Tax

Taxes on sales comprising in turnover to be excluded for estimating net profit

10 months ago

Amount of taxes on sales comprising in turnover to be excluded while computing gross receipts for estimating net profit -…

  • Income Tax

Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld

10 months ago

Addition u/s 69A confirmed as alleged capital contribution by partners was deposited in bank account of assessee not in account…

  • GST

Bail granted to a CA accused in a GST evasion of more than 40 crores

10 months ago

Allahabad High Court grants bail to Chartered Accountant accused in a GST evasion to the tune of more than 40…

  • Income Tax

Every provision invoked casts a different onus, quoting wrong section prejudice the assessee

10 months ago

Every provision invoked casts a different sort of onus on the assessee – ITAT deleted addition u/s 69 towards bogus…

  • Insurance

Liability under MV Act can’t be decided on the grounds of sympathy alone – Supreme Court

10 months ago

Liability under the Motor Vehicles Act can’t be decided on the grounds of sympathy alone but must be established by…

  • ICAI

ICAI notifies dates of CA Foundation, Intermediate & Final Exams May 2026

10 months ago

ICAI notifies Dates of CA Foundation, Intermediate and Final Exams May 2026 The Institute of Chartered Accountants of India has…

  • 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…