• Income Tax

No addition made on account of reasons recorded for reopening vitiated reassessment order – ITAT

7 years ago

No addition made on account of reasons recorded for reopening, the reassessment, order passed was vitiated in law - ITAT…

  • Income Tax

Reassessment without fresh material with AO to believe that income has escaped is invalid

7 years ago

Reassessment without fresh material with the Assessing Officer to believe that income has escaped assessment is invalid ABCAUS Case Law…

  • Income Tax

Franchise of Kidzee school denied registration u/s 12AA for earning commercial profits

7 years ago

Franchise of Kidzee school chain denied registration u/s 12AA as Trust was running with primary objective of branding and earning…

  • Income Tax

Penalty u/s 271BA deleted for technical glitches in uploading audit report in Form No. 3CEB

7 years ago

Penalty u/s 271BA deleted for not uploading audit report in Form No. 3CEB due to technical glitches when report was…

  • Income Tax

If books of account not maintained penalty u/s 271B cannot be levied for non audit u/s 44AB

7 years ago

If books of account not maintained penalty u/s 271B cannot be levied for non audit u/s 44AB. ITAT deleted penalty…

  • Income Tax

Inadequate enquiry leading to assumption of incorrect facts makes order erroneous and prejudicial

7 years ago

Inadequate enquiry leading to assumption of incorrect facts makes the order erroneous and prejudicial to the interests of the revenue…

  • Income Tax

Penalty u/s 271D-Cash received to get good bank balance certificate for visa was a reasonable cause

7 years ago

Penalty u/s 271D-Cash received to get a good bank balance certificate for visa of the daughter constituted a reasonable cause…

  • GST

CBI arrested Inspector E-way Bill Team for demanding bribe for release of detained vehicle

7 years ago

CBI arrested Inspector, E-way Bill Team for demanding /accepting bribe from complainant The Central Bureau of Investigation has arrested an…

  • Income Tax

SEBI approved AMC entitled to benefits of Fund manager u/s 9A(4)(b) – CBDT

7 years ago

Fund manager" in Section 9A(4)(b) of the Income-tax Act includes an AMC as approved by SEBI under the SEBI (Mutual…

  • ICAI

Ind AS-Disclosures Checklist by ICAI For Accounting year 2018-19 (Revised May 2019)

7 years ago

ICAI Ind AS-Disclosures Checklist for Accounting year 2018-19 (Revised May 2019)  Ind AS-Disclosures Checklist by ICAI There are many disclosure…