• Income Tax

SCN dropped in e-filing portal requiring reply on same date is in violation of natural justice

6 months ago

Show cause notice dropped in e-filing portal requiring reply on the same date was in gross violation of the principles…

  • Income Tax

Whether source of fund for share capital is explained, is a question of fact

6 months ago

Whether source of funds for share capital is explained is, a question of fact not giving rise to any substantial…

  • Income Tax

Penalty u/s 271AAC deleted as income surrendered was declared in revised return

6 months ago

Penalty u/s 271AAC deleted by ITAT as income surrendered was declared in revised return substituting original return. In a recent…

  • Income Tax

ITAT deleted addition for cash deposited in bank account where return was filed u/s 44AD

6 months ago

ITAT deleted addition for cash deposited in bank account where return of income was filed u/s 44AD of the Income…

  • Income Tax

Exemption u/s 11 can’t be denied for belated filing of Revised Form 10B – ITAT

6 months ago

Exemption u/s 11 can not be denied for belated filing of revised Form 10B when original Form 10B was filed…

  • Income Tax

Limitation for prosecution u/s 276B for TDS/TCS default as per CBDT SOP only directory

6 months ago

Prosecution under section 276B for TDS/TCS default -CBDT SOP not to be read as to give undue advantage to an…

  • Income Tax

Escapement of income to be examined in original return, not filed in response to notice u/s 148

6 months ago

Escapement of income is to be examined in the original return and not the return filed in response to notice…

  • Empanelment

Indian Bank Empanelment of Concurrent/Stock Auditors for FY 2025-26 Last date 24/07/2025

6 months ago

Indian Bank Empanelment of Concurrent and Stock Auditors for FY 2025-26 Indian Bank invites online applications from the practicing firms…

  • Income Tax

CBDT notifies IREDA Five Years Bonds for exemption u/s 54EC

6 months ago

CBDT notifies IREDA Five Years Bonds for exemption under section 54EC of the Income Tax Act, 1961. Section 54EC of…

  • Income Tax

No liability to collect TCS u/s 206C (1C) from person involved in illegal mining – HC

6 months ago

There is no legislative mandate to collect tax at source under section 206C (1C) from the person involved in illegal…