• Income Tax

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

11 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

11 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

11 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

11 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

11 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

11 months ago

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

  • Income Tax

Penalty u/s 270A quashed for no satisfaction on what was under reporting & misreporting by assessee

11 months ago

Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…

  • Companies Act

Small Company threshold of paid up capital and turnover increased w.e.f 1st December 2025

11 months ago

Small Company threshold of paid-up capital increased to Rs. ten crores and turnover to Rs. hundred crores w.e.f. 1st December…

  • Income Tax

For registration u/s 12AA if CIT satisfaction limited to objects or also to activities? SLP admitted

11 months ago

For registration u/s 12AA if Commissioner’s satisfaction is limited to the objects of the Institution, or also to genuineness of…

  • Income Tax

Over 30 approvals u/s 153D within minutes amounted to total non-application of mind

11 months ago

Over 30 approvals u/s 153D granted within minutes amounted to total non-application of mind – Bombay High Court In a…