• Income Tax

Imparting education in gemmology, jewellery arts, designs qualifies for exemption u/s 11

10 months ago

Conducting courses in gemmology, jewellery arts, jewellery design amounts to imparting of education entitling assessee benefit of exemption u/s 11…

  • GST

Special procedure under Delhi GST Act for rectification of order for wrong ITC availment

10 months ago

Special procedure notified under Delhi GST Act 2017 for rectification of order confirming demand for wrong availment of ITC. Lt.…

  • Income Tax

CBDT specifies work allocations and zonal charges of its members

10 months ago

CBDT specifies work allocations and zonal charges of its members CBDT has issued an office memorandum dated 03/12/2025 giving details…

  • Income Tax

AO can’t make addition on his speculation and assumption of manipulation in share prices

10 months ago

Addition quashed as alleged manipulation in share prices was merely a speculation and assumption of Assessing Office In a recent…

  • Income Tax

Assesee not deducting TDS due to stay by High Court can’t be treated as assessee in default

10 months ago

When assesee did not deduct TDS on account of interim stay of High Court, it can’t be regarded as assessee…

  • Income Tax

Penalty u/s 271B is not attracted where books of account not maintained – ITAT Allahabad

10 months ago

Penalty u/s 271B is not attracted in a case where books of account have not been maintained In a recent…

  • Empanelment

NALCO invites RFP for empanelment of CA Firms for verification of Stores/Spares & movable assets

10 months ago

NALCO invites RFP for empanelment of Chartered Accountant Firms for verification of Stores/Spares and movable assets.  NALCO has invited Request…

  • RBI

Sending or bringing currency of Nepal and Bhutan – RBI revises regulations

10 months ago

Sending or bringing currency of Nepal and Bhutan - RBI revises exiting regulations  RBI has notified the Foreign Exchange Management…

  • Excise/Custom

Manufacturing without aid of power. Entire process though by distinct units to be seen – SC

10 months ago

Entire manufacturing process though by distinct units relevant for exemption from excise duty on account of manufacture without aid of…

  • Income Tax

Delay in filing Form 10B condoned as failure was in 1st year of operation of Trust

10 months ago

High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…