• Income Tax

Order passed under section 119(2)(b) of the Act is not appealable before ITAT

6 months ago

Order passed under section 119(2)(b) of the Act is not appealable before the Tribunal In a recent judgment, ITAT Chennai…

  • Income Tax

No denial of exemption u/s 54F merely for non deposit of consideration in capital gain account

6 months ago

Exemption u/s 54F can not be denied merely because assessee did not deposit net sale consideration in capital gain account …

  • Income Tax

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report as building was old

6 months ago

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report where the building on the land purchased was 30 years old…

  • Income Tax

Exemption u/s 10(26) denied as address of assessee in PAN was not of specified area

6 months ago

Denial of exemption u/s 10(26) upheld as address of assessee in PAN was of Mumbai and he could not produce…

  • Income Tax

No addition u/s 69A for cash deposit as alleged bank accounts recorded in books of accounts

6 months ago

No addition u/s 69A can be made for cash deposit in bank when the alleged bank accounts were duly recorded…

  • GST

System generated notice cancelling GST registration is quashed and set aside

6 months ago

System generated notice cancelling GST registration is quashed and set aside by Allahabad High Court  System generated notice cancelling GST…

  • Companies Act

MCA to launch 38 Company Forms on 14.07.2025. V2 & V3 Portals to be disabled

6 months ago

MCA to launch final set of 38 Company Forms on 14th July 2025 at 12:00 AM. Note down dates of…

  • ICAI

CAI notifies dates of CA Foundation, Intermediate & Final Exams Sept 2025

6 months ago

CAI notifies Dates of CA Foundation, Intermediate and Final Exams September 2025 The Institute of Chartered Accountants of India has…

  • GST

Allahabad HC dismisses Patanjali challenge to Rs. 273 crores penalty on charges of fake ITC

6 months ago

Allahabad High Court dismissed Patanjali challenge to GST penalty of more than 273 crores on charges of indulging in circular…

  • Income Tax

Exemption u/s 11 cannot be denied merely because certificate u/s 12AA was not produced

6 months ago

Benefit of exemption u/s 11 cannot be denied, only because assessee misplaced and could not produce registration certificate issued u/s…