• Income Tax

Difference of income with Form 26AS due to Percentage Completion Method. Case remanded

12 months ago

ITAT set aside addition and remands issue of difference of income with Form 26AS due to Percentage Completion Method followed…

  • Income Tax

AO erred in reopening assessment on a wrong finding of fact and conclusion thereof

12 months ago

AO was clearly arbitrary so as to reopen assessment against the assessee on a wrong finding of fact and conclusion…

  • Income Tax

CBDT extends due date for AY 2025-26 of audit reports to 10.11.2025 & d ITRs to 10.12.2025

12 months ago

CBDT extends due date for filing audit reports for AY 2025-26 to 10.11.2025 and due date for furnishing ITRs covered…

  • Income Tax

Onus to prove bad financial condition is on assessee in prosecution proceedings u/s 276B

12 months ago

Onus to prove bad financial condition is on assessee in prosecution u/s 276B for delay in deposit of TDS  In…

  • Income Tax

Security guard expenses disallowed as deduction from capital gain from sale of plot

12 months ago

ITAT upheld disallowance of security guard expenses as deduction from capital gain arising from sale of plot In a recent…

  • Income Tax

Penalty u/s 270A @ 200% upheld for claiming fake deductions under Chapter VIA

12 months ago

Penalty u/s 270A @ 200% upheld for claiming fake deductions under Chapter VIA In a recent judgment, ITAT Pune has…

  • MCA

Ten new offices of  Regional Directors MCA established under LLP Act / Companies Act

12 months ago

Government established ten new offices of  Regional Directors MCA under LLP Act 2008/Companies Act 2013 The Central Government, in exercise…

  • bankruptcy

Non-redemption not make preference shareholders creditors or debt of company

12 months ago

Non-redemption does not result in preference shareholders becoming creditors or debt of the company – Supreme Court In a recent…

  • Income Tax

CIT CPC to initiate rectification of orders passed through interface between AO & CPC

12 months ago

CBDT has issued Notification No. 155/2025 dated 27.10.2025 authorising Commissioner of Income Tax, Centralized Processing Centre, Bengaluru  to pass rectification…

  • GST

CBIC assigns Proper Officer u/s 74A, u/s 75(2) & u/s 122 of CGST Act, 2017

12 months ago

CBIC assigns proper officer under section 74A, section 75(2) and section 122 of the Central Goods and Services Tax Act,…