• RBI

RBI urges public to accept all coins, ignore rumours of fake coins

7 years ago

RBI urges public to accept all coins as legal tender. Bank urges traders, shop-keepers & public to not to give…

  • GST

DG Audit discloses GST audit plan & strategy for 2019-20. Audit to be desk-based for small taxpayers

7 years ago

DG Audit discloses GST audit plan & strategy for the year 2019-20. Audit to cause least inconvenience and shall be…

  • GST

Service of moving railway wagons/rakes classifiable as railway pushing & towing service

7 years ago

Service of moving empty or loaded wagons/rakes at siding is classifiable as railway pushing and towing service ABCAUS Case Law…

  • Income Tax

Cash Payments itself not undisclosed income unless corresponding asset found in search

7 years ago

Cash Payments itself not undisclosed income of assessee in the absence of corresponding asset found at the time of search.…

  • Income Tax

Not Pre-filling of ITR / TDS data-ITD advisory to Taxpayers

7 years ago

Not Pre-filling of ITR / TDS data-Taxpayers advised to verify pre-filled data carefully & fill manually if required, use latest…

  • Income Tax

Addition made only on the basis of statement which was later retracted unjustified – ITAT

7 years ago

Addition made only on the basis of statement which stood retracted on the next day itself was unjustified. ITAT deleted…

  • Income Tax

Reassessment order quashed for not supplying reasons recorded for re-opening despite written request

7 years ago

Reassessment order quashed for not supplying reasons recorded for re-opening the assessment u/s 148 in spite of assessee’s written request…

  • ICAI

ICAI issues Sample format of Auditor’s Certificate on Return of Deposits DPT-3

7 years ago

ICAI issues sample format of Auditor’s Certificate on Return of Deposits (DPT-3) pursuant to Rule 16 of the Companies (Acceptance…

  • Income Tax

ITD to share assets information of loan defaulters with PSB-CBDT Instruction

7 years ago

Income Tax Department to share assets information of loan defaulters with PSB as per Schedule AL to ITR which contains…

  • Income Tax

ITAT warns awarding cost for not following SC guidelines in GKN Driveshafts

7 years ago

ITAT warns of awarding cost for AO not following guidelines of Supreme Court in GKN Driveshaft  where assessee objects to…