• bankruptcy

Revision of the area of jurisdiction of the DRATs, Kolkata

11 months ago

Revision of the area of jurisdiction of the Debts Recovery Appellate Tribunals (DRATs) Kolkata In exercise of the powers conferred…

  • Income Tax

Non-compete fee held as allowable revenue expenditure u/s 37(1) of IT Act – Supreme Court

11 months ago

Payment made by the assessee as non-compete fee was an allowable revenue expenditure under Section 37(1) of the Act –Supreme…

  • Income Tax

Deduction of interest on borrowed funds invested in sister concern for acquiring controlling interest allowed

11 months ago

Assessee is entitled to claim deduction of interest on borrowed funds invested in sister concern for acquiring controlling interest -…

  • ICAI

ICAI notifies next ISA Course Assessment Test to be held on 7th February 2026

11 months ago

ICAI has notified that next ISA Course Assessment Test shall be held on 7th February 2026 online through Computer ICAI…

  • Income Tax

Revision u/s 263 upheld on discrepancy in turnover between tax audit report & PL A/c

11 months ago

In the absence of enquiry on discrepancy in turnover between tax audit report vis-à-vis turnover disclosed in P&L account, order…

  • Income Tax

Registration u/s 12A cannot be rejected merely for mentioning wrong section code

11 months ago

Registration u/s 12A cannot be rejected simply on the basis of mentioning of a wrong section code which is a…

  • ICAI

ICAI reduces verification/certified copies fee of Chartered Accountants examinations

11 months ago

ICAI reduces verification/certified copies fee of Chartered Accountants examinations  The Examination Committee of ICAI has decided to revise and reduce…

  • ESIC

ESIC can’t invoke Section 45A on allegation of mere inadequacy of record – SC

11 months ago

ESIC can’t invoke Section 45A on the allegation of inadequacy of record but only in case of non-production of the…

  • GST

GSTN has issued a Consolidated FAǪ on GSTR 9/9C for the FY 2024-25

11 months ago

GSTN has issued a Consolidated FAǪ on GSTR 9/9C for the FY 2024-25 GSTN has published series of FAQ on…

  • tender

Tender condition of experience “in same name & style of tenderer” – SC allows JV experience

11 months ago

Tender condition of experience in the same name and style of tenderer can not overlook experience in joint venture unless…