• Income Tax

​Application invited for special Public Prosecutors in Income Tax Department NER Region

3 weeks ago

Application invited for special public prosecutors to represent the Income Tax Department in North-Eastern Region​. The Income Tax Department, North…

  • Empanelment

Dakshin Bihar Gramin Bank invites application for concurrent Audit for FY 2024-25

3 weeks ago

Dakshin Bihar Gramin Bank invites application for concurrent Audit / Revenue Audit for FY 2024-25. Dakshin Bihar Gramin Bank has…

  • Income Tax

Notice u/s 148 quashed as time to issue notice u/s 143(2) for assessment u/s 143(3) had not expired

3 weeks ago

Notice u/s 148 quashed as time period to issue notice u/s 143(2) for conducting assessment u/s 143(3) had not expired.…

  • Income Tax

How to opt out of New Tax Regime and choose old tax regime – Step by step guide & procedure

3 weeks ago

How to opt out from New Tax Regime and choose old tax regime for AY 2024-25. Step by step procedure…

  • Income Tax

An invalid assessment order cannot be revised under section 263

3 weeks ago

An invalid or illegal assessment order cannot be revised under the provision of section 263 In a recent judgment, Hon'ble…

  • Income Tax

CIT can not assume revision powers u/s 263 for issues not forming part of limited scrutiny

3 weeks ago

CIT can not assume revisionary powers u/s 263 for issues not forming part of limited scrutiny assessment. In a recent…

  • NFRA

NFRA imposes penalty of Rs. 4.50 crores on CA/Audit Firm for professional misconduct

3 weeks ago

NFRA imposes penalty of Rs. 4.50 crores on CA/Audit Firm for professional misconduct for not exercising due diligence In a…

  • Income Tax

SCN not giving minimum 7 days time to respond to proposed variation–Assessment set aside

3 weeks ago

Show cause not giving minimum seven days to respond to proposed variation – Assessment order set aside In a recent…

  • Income Tax

ITD Chandigarh invites empanelment of Cost Accountants u/s 142(2A) for FY 2024-2026

3 weeks ago

ITD Chandigarh invites empanelment of Cost Accountants u/s 142(2A) for FY 2024-2026. Last date to apply is 30/04/2024 The Income…

  • Income Tax

Even single loan given can be considered as money lending business for bad debts allowance

3 weeks ago

Even a single instance of loan given can be considered as money lending business for bad debts allowance - ITAT…