• Income Tax

No addition u/s 69A for cash deposit as alleged bank accounts recorded in books of accounts

7 months ago

No addition u/s 69A can be made for cash deposit in bank when the alleged bank accounts were duly recorded…

  • GST

System generated notice cancelling GST registration is quashed and set aside

7 months ago

System generated notice cancelling GST registration is quashed and set aside by Allahabad High Court  System generated notice cancelling GST…

  • Companies Act

MCA to launch 38 Company Forms on 14.07.2025. V2 & V3 Portals to be disabled

7 months ago

MCA to launch final set of 38 Company Forms on 14th July 2025 at 12:00 AM. Note down dates of…

  • ICAI

ICAI notifies dates of CA Foundation, Intermediate & Final Exams Sept 2025

7 months ago

CAI notifies Dates of CA Foundation, Intermediate and Final Exams September 2025 The Institute of Chartered Accountants of India has…

  • GST

Allahabad HC dismisses Patanjali challenge to Rs. 273 crores penalty on charges of fake ITC

7 months ago

Allahabad High Court dismissed Patanjali challenge to GST penalty of more than 273 crores on charges of indulging in circular…

  • Income Tax

Exemption u/s 11 cannot be denied merely because certificate u/s 12AA was not produced

7 months ago

Benefit of exemption u/s 11 cannot be denied, only because assessee misplaced and could not produce registration certificate issued u/s…

  • Income Tax

Law and provisions are laid down to benefit both sides of litigation, ITAT condones delay

7 months ago

ITAT condoned delay of 346 days observing law and provisions are laid down to benefit both sides of litigation. In…

  • GST

Negative blocking of Electronic Cash Leger – Supreme Court dismissed SLP of Department

7 months ago

Negative blocking of Electronic Cash Leger – Supreme Court dismissed SLP of the GST Department challenging the order of Delhi…

  • Income Tax

Revision u/s 263 for issue of correct penalty notice by modifying reassessment order upheld

7 months ago

No fault in invoking Revisionary jurisdiction u/s 263 to direct AO to issue correct penalty notice by modifying the reassessment…

  • Income Tax

Agricultural land is not out of purview of section 56(2)(x) of Income Tax Act, 1961

7 months ago

Agricultural land cannot be taken out of the purview of section 56(2)(x) of the Income Tax Act, 1961 (the Act)…