• Income Tax

ITAT deleted addition for cash deposited in bank account where return was filed u/s 44AD

6 months ago

ITAT deleted addition for cash deposited in bank account where return of income was filed u/s 44AD of the Income…

  • Income Tax

Exemption u/s 11 can’t be denied for belated filing of Revised Form 10B – ITAT

6 months ago

Exemption u/s 11 can not be denied for belated filing of revised Form 10B when original Form 10B was filed…

  • Income Tax

Limitation for prosecution u/s 276B for TDS/TCS default as per CBDT SOP only directory

6 months ago

Prosecution under section 276B for TDS/TCS default -CBDT SOP not to be read as to give undue advantage to an…

  • Income Tax

Escapement of income to be examined in original return, not filed in response to notice u/s 148

6 months ago

Escapement of income is to be examined in the original return and not the return filed in response to notice…

  • Empanelment

Indian Bank Empanelment of Concurrent/Stock Auditors for FY 2025-26 Last date 24/07/2025

6 months ago

Indian Bank Empanelment of Concurrent and Stock Auditors for FY 2025-26 Indian Bank invites online applications from the practicing firms…

  • Income Tax

CBDT notifies IREDA Five Years Bonds for exemption u/s 54EC

6 months ago

CBDT notifies IREDA Five Years Bonds for exemption under section 54EC of the Income Tax Act, 1961. Section 54EC of…

  • Income Tax

No liability to collect TCS u/s 206C (1C) from person involved in illegal mining – HC

6 months ago

There is no legislative mandate to collect tax at source under section 206C (1C) from the person involved in illegal…

  • ICAI

ICAI issues FAQs on Guidance Note on Financial Statements of Non-Corporate Entities 

6 months ago

ICAI issues Frequently Asked Questions (FAQs) on Guidance Note on Financial Statements of Non-Corporate Entities  The Accounting Standards Board of…

  • Income Tax

Organizing Garba event not business/trade u/s 2(15) to deny benefit of exemption u/s 11

6 months ago

Organizing Garba event was not business within the meaning of section 2(15) to deny the benefit of exemption u/s 11…

  • Government

Govt. denies directions given to Banks to close inactive PM Jan Dhan Yojana accounts

6 months ago

Govt. denies any directions given to Banks to close inactive PM Jan Dhan Yojana accounts No directions have been given…