• Income Tax

Evidentiary value of statement made on oath in survey proceedings u/s 133A -High Court explains

7 years ago

Evidentiary value of a statement made on oath by the assessee to the income tax authority in survey proceedings u/s…

  • RBI

RBI releases Report of the Committee on development of Housing Finance Securitisation Market

7 years ago

RBI releases the Report of the Committee on the Development of Housing Finance Securitisation Market Date : Sep 09, 2019 The…

  • ICAI

ICAI Advisory on Auditor’s Reporting on directors remuneration u/s 197(16) of the Companies Act 2013

7 years ago

ICAI Advisory on Auditor’s Reporting on directors remuneration u/s 197(16) of the Companies Act 2013 ICAI has issued an advisory…

  • Income Tax

Prosecution u/s 276B set aside as intention of company was to deposit TDS

7 years ago

Prosecution u/s 276B set aside as intention of company was to deposit TDS, but due to bad financial condition the…

  • Income Tax

CBDT amends Income Tax Rules / Form 56/10G regd. application for exemption u/s 10(23C) & 80G

7 years ago

CBDT amends Income Tax Rules / Form 56/10G regarding application for exemption u/s 10(23C) and 80G. Read CBDT Notification  MINISTRY…

  • Income Tax

Interest awarded in motor accident claim cases from the date of Claim Petition till award not taxable

7 years ago

Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable,…

  • Companies Act

Revised AoC-4 Non-XBRL form due to amendment of Schedule III of CA 2013 to be available soon

7 years ago

Revised AoC-4 Non-XBRL form due to amendment of Schedule III of CA 2013 to be available soon without additional fee-MCA…

  • Income Tax

Principles of law/legal position regd. exercise of revisionary powers u/s 263 as laid down by SC/HC

7 years ago

Principles of law and legal position regarding exercise of revisionary powers u/s 263. ITAT explains the twin conditions as laid…

  • Income Tax

Reopening for escaped FDR income upheld as profits were estimated only on contract income

7 years ago

Reopening for escaped FDR income upheld when in original assessment profits was estimated only on contract income ignoring interest income…

  • Income Tax

CBDT may direct filing appeals in exception to monetary limits in organised tax evasion activity

7 years ago

CBDT may direct filing departmental appeals in exception to monetary limits in organised tax evasion activity.  Circular No. 23 of…