• Income Tax

Mere reflection of income in P&L Account does not make it business income – ITAT

7 years ago

Mere reflection of income in P&L Account does not make it business income. Books of accounts not conclusive evidence to…

  • Empanelment

MCA invites applications from Young CAs with 2 to 5 years of experience at various locations

7 years ago

MCA invites applications from Young CAs with 2 to 5 years of experience at various locations Ministry of Corporate Affairs…

  • Income Tax

CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores

7 years ago

CBDT reduces tax collection target for FY 2019-20 by Rs. 45000 crores, from 13.80 crores to 13.35 crores In May…

  • Government

The Chit Funds (Amendment) Bill 2019 – Key Proposals as introduced in Lok Sabha

7 years ago

The Chit Funds (Amendment) Bill 2019 - Key Proposals. Increase in ceiling of aggregate chit amount , presence allowed through…

  • Government

Govt proposes to increase number of Judges in Supreme Court from present 30 to 33 excluding CJI

7 years ago

Govt proposes to increase the number of Judges in the Supreme Court from present thirty to thirty-three, excluding the Chief…

  • Income Tax

CBDT relaxes time-frame u/s 143(1) for processing of refund claims of validly filed returns up to AY 2017-18 

7 years ago

CBDT relaxes time-frame u/s 143(1) for processing of refund claims of all validly filed returns up to assessment year 2017-18 …

  • Income Tax

Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC

7 years ago

Exemption u/s 54F could not be denied for fraud by builder in constructing building without NOC not disclosed to the…

  • ICAI

Results of CA Final/Foundation Exam held in May-June 2019 likely to be declared on 14th August 2019

7 years ago

Results of the Chartered Accountants Final Examination (Old course & New Course) and Foundation Examination held in (May-June) 2019 are…

  • Government

Article 370 scrapped, Read Notification. The Constitution (Application to Jammu and Kashmir) Order 2019

7 years ago

Article 370 scrapped, Read Notification/Presidential Order-The Constitution (Application to Jammu and Kashmir) Order 2019.  MINISTRY OF LAW AND JUSTICE (Legislative…

  • Income Tax

Exemption u/s 54 where part of new residential property used for commercial purposes

7 years ago

Allowability of Exemption u/s 54 where new residential property used partly for commercial purposes . ITAT remanded case for verification…