• Income Tax

Tax Authorities should charge legitimate taxes instead of punishing bonafide mistakes

11 months ago

Tax Authorities should charge legitimate taxes from the taxpayers instead of punishing the assessees for their bonafide mistakes - ITAT…

  • SEBI

SEBI cautions public regarding dealing in ‘Digital Gold’ or ‘E-Gold’

11 months ago

SEBI Has issued a Press Release cautioning on dealing in Digital Gold. Digital Gold or E-Gold refers to electronic investment…

  • Income Tax

Assessee can challenge the validity of any order in the collateral proceedings – ITAT

11 months ago

Assessee can challenge the validity of any order in the collateral proceedings though the same has not been challenged before…

  • Income Tax

Reopening quashed as Form No. 10 have little space to fill reasons of accumulation u/s 11(2)

11 months ago

Reopening quashed as Form No. 10 have limited space to fill reasons of accumulation of income u/s 11(2) and resolution…

  • Income Tax

Stamp duty valuation or classification for fiscal purposes not change character of Agri land

11 months ago

Stamp duty valuation or classification for fiscal purposes does not determine the character of the property under the Income-tax Act…

  • Income Tax

Mere difference of cash deposit between two AYs not unexplained money

11 months ago

Difference of cash deposit between two Assessment Years cannot be added on illogical rationale that there cannot be any increase…

  • Income Tax

Reassessment bad as reasons to believe wrongly stated ITR was processed only u/s 143(1)

11 months ago

Reassessment order quashed as reasons to believe stated that return was processed only u/s 143(1) whereas return was actually processed…

  • Income Tax

SLP dismissed against bogus liability named “book overdraft” for cheques not presented

11 months ago

SLP dismissed against bogus liability styled as “book overdraft” reflected as payable to banks for cheques issued not presented to…

  • Empanelment

NALCO invites RFP for empanelment of CA/CMA firms for internal audit

11 months ago

NALCO invites RFP for empanelment of chartered accountant/cost accountant firms for conducting internal audit. National Aluminium Company Limited (NALCO) invites…

  • Income Tax

Notice u/s 148 issued prior to due communication of approval u/s 151 invalid

11 months ago

ITAT quashed reassessment as notice u/s 148 was issued even prior to the due communication of approval u/s 151 to…