• RBI

Sovereign Gold Bond Scheme 2023-24 notified by Government

11 months ago

Sovereign Gold Bond Scheme 2023-24 notified by Government Government of India, in consultation with the Reserve Bank of India, has…

  • GST

CBIC issues guidelines for processing of applications for GST registration

11 months ago

CBIC issues Guidelines for processing of applications for GST registration - Instruction No. 03/2023-GST CBIC has issued Instruction No. 03/2023-GST…

  • Income Tax

Mentioning correct contact & email id in e-filing portal is mandatory duty – ITD

11 months ago

ITD says mentioning correct contact & email id details in efiling portal is assessee’s mandatory duty. Ignorance of law and…

  • Empanelment

J&K Bank On-line Empanelment OF Concurrent Auditors for 2023-24

11 months ago

J&K Bank On-line Application For Empanelment Of Chartered Accountant/Cost Accountants Firms As Concurrent Auditors For The Year 2023-24 : Last…

  • Income Tax

CBDT amends Rule 44E – Application for obtaining an Advance Ruling

11 months ago

CBDT amends Rule 44E  of Application for obtaining an Advance Ruling CBDT has notified the Income-tax (Ninth Amendment) Rules, 2023…

  • Income Tax

CBDT amends e-advance rulings Scheme 2022

11 months ago

CBDT amends e-advance rulings Scheme 2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification 38/2023 New Delhi, the…

  • Income Tax

When on examining CIT was not clear, CPC can not disallow under artificial intelligence

11 months ago

When examining details, CIT(Appeals) was not clear as to nature then expenses cannot be disallowed by CPC under artificial intelligence…

  • Income Tax

Penalty u/s 271B for belated tax audit report deleted where accountant suddenly left the job

11 months ago

Penalty u/s 271B deleted where accountant handling accounts suddenly left the job but assessee furnished audit report before completion of…

  • Income Tax

Addition for unexplained cash deleted as assessee regularly declared tuition income & paid tax

11 months ago

Addition for unexplained cash deleted as assessee consistently declared tuition income and paid tax over 20 -25 years ABCAUS Case…

  • Income Tax

Merely because assessee not filed appeal against addition not a ground for imposing penalty

11 months ago

Merely because assessee did not filed appeal against addition it cannot be a ground for imposing penalty - ITAT ABCAUS…