IBBI issues CPE guidelines for Insolvency Professionals. Minimum 10 hours each and 60 hours in three calendar years prescribed Insolvency…
No Penalty u/s 271(1)(c) for mere disallowance in quantum proceedings in the absence of any falsity in the explanation offered…
Assessee is eligible for the deduction of the amount embezzled by the employee as a trading loss u/s 28 of…
Mere reflection of income in P&L Account does not make it business income. Books of accounts not conclusive evidence to…
MCA invites applications from Young CAs with 2 to 5 years of experience at various locations Ministry of Corporate Affairs…
CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores In May…
The Chit Funds (Amendment) Bill 2019 - Key Proposals. Increase in ceiling of aggregate chit amount , presence allowed through…
Govt proposes to increase the number of Judges in the Supreme Court from present thirty to thirty-three, excluding the Chief…
CBDT relaxes time-frame u/s 143(1) for processing of refund claims of all validly filed returns up to assessment year 2017-18 …
Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC not disclosed to the…