For discrepancy in salary figure between Form No. 16 and 26AS it cannot be said that the assessee has concealed…
CBDT gives 21 days time to ITR non-filers to file their returns for AY 2018-19 CBDT identifies non-filers through Non-filers…
ICAI signs MoU with ICPA of Kenya The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of…
Revised computation of deduction u/s 10A of the Income Tax Act, 1961 permissible having regard to Section 10A (5) and…
ICAI Guidance Note 2019 Edition Section C - Bank Branch Audit other than Foreign Exchange Transactions AASB has issued the third…
Acceptance of loans by passing journal entries in books of accounts not in violation of section 269SS hence no penalty u/s 271D imposable – SC dismisses…
News of en masse prosecution notices to small companies for TDS default are completely misleading and full of factual inaccuracies-…
TCS on motor vehicle u/s 206C(1F) of the Income Tax Act not integral part of the value of the goods…
High Court struck down GST Circular proposing levy of GST on DISCOM for various other bundled services connected with the…
No Penalty u/s 271(1)(c) can be imposed by CIT without recording satisfaction in revision order 263. Provision of Section 271(1B)…