• Income Tax

Business Promotion Expenses – Assessee can not produce all persons with whom meetings held – ITAT

1 year ago

Business Promotion Expenses – It is impossible for assessee to produce all persons with whom company had meetings in hotels…

  • Income Tax

Consequences of PAN becoming inoperative as per the revised rule 114AAA

1 year ago

  Consequences of PAN becoming inoperative as per the newly substituted rule 114AAA F. No. 370142/14/2022-TPL Government of India Ministry…

  • Income Tax

Reporting in Clause 16(d) of Form 3CD – ITAT clarifies the provision

1 year ago

Reporting in Clause 16(d) of Form 3CD – No adjustment by CPC for non business income if declared in return…

  • GST

GST Notification to give affect to the recommendations of GST Council meeting

1 year ago

 GST Notification to give affect to the recommendations of GST Council meeting CBIC (Ministry of Finance) has notified GST Notification…

  • Companies Act

Companies to disclose material accounting policy information – Amendments to IndAS

1 year ago

Companies to disclose material accounting policy information in financial statements. The Companies (Indian Accounting Standards) Amendment Rules 2023 MCA has…

  • Finance Ministry

Rate of interest of NSCs, KVPs Post Office Deposit Schemes etc. for 1st Quarter FY 2023-24

1 year ago

Rate of interest of NSCs, KVPs Post Office Deposit Schemes for 1st Quarter FY 2023-24 Finance Ministry has increased the…

  • Small Savings Scheme

Mahila Samman Savings Certificate Scheme 2023 notified w.e.f. 31.03.2023

1 year ago

Mahila Samman Savings Certificate Scheme 2023 Mahila Samman Savings Certificate Scheme 2023 has been notified w.e.f. 31.03.2023 by the Ministry…

  • Bank

Borrower to be given opportunity of hearing before classifying their account as fraud – SC

1 year ago

Banks to offer opportunity of hearing to borrowers before classifying their account as fraud – Supreme Court ABCAUS Neutral Case…

  • Income Tax

Period of limitation for block assessment starts from the date of last Panchnama – SC

1 year ago

Period of limitation for block assessment u/s 158BC/158BE commences from the date of last Panchnama, not the date of last…

  • Income Tax

Forfeiture of advance received on agreement to sale of property is capital receipt

1 year ago

Forfeiture of advance received on agreement to sale of property is capital receipt not income from other sources  ABCAUS Neutral…