• Government

Cabinet approves creation of one post of Deputy Comptroller and Auditor General

7 years ago

Cabinet approves creation of one post of Deputy Comptroller and Auditor General in the office of Comptroller and Auditor General…

  • Income Tax

No Penalty u/s 271AAB for undisclosed income declared if no incriminating material found

7 years ago

Penalty u/s 271AAB for undisclosed income declared deleted for no incriminating material found during search and also for notice non…

  • GST

Excel based GSTR-9C offline utility for reconciliation statement available for download

7 years ago

Excel based GSTR-9C offline utility available for download e-Form GSTR-9C is meant for uploading audited annual return and reconciliation statement.…

  • Income Tax

Sale of property mortgaged to bank held liable to capital gain tax. Encumbrance not deductible u/s 48

7 years ago

Sale of property mortgaged to bank liable to capital gain tax. Encumbrance created as a guarantee by assessee not deductible…

  • Income Tax

Addition u/s 68 made by AO without issuing notice to creditors deleted by ITAT

7 years ago

Addition u/s 68 made without issuing notice to creditors deleted by ITAT as AO failed to conduct inquiry. Had creditors…

  • Chartered Accountants

Tribunal constituted to decide disputes in ICAI election held in December, 2018

7 years ago

Tribunal constituted to decide disputes in election to the Council of the ICAI held in December, 2018.  MINISTRY OF CORPORATE…

  • Companies Act

DIN holders are required to file the DIR-3 KYC form every year-MCA Advisory

7 years ago

DIN holders are required to file the DIR-3 KYC form every year-MCA Advisory As per rule 12A of the Companies…

  • Income Tax

CBDT has posted 146 ACIT (Probationers) after their completing training at (NADT) Nagpur

7 years ago

Posting of ACIT (Probationers) after their completing training at (NADT) Nagpur CBDT has posted 146 Assistant Commissioner of Income Tax…

  • Companies Act

No additional fee pending deployment of DPT-3 Form on MCA 21 portal- MCA Circular

7 years ago

No additional fee pending deployment of DPT-3 Form on MCA 21 portal. Additional fee shall be levied after 30 days…

  • Income Tax

Rule 8D can not be applied without giving reasons – Supreme Court rejects SLP of ITD

7 years ago

Rule 8D can not be applied without giving reasons. Unless AO rejects explanation of the assessee with some reasoning, mere…