• Income Tax

ITD directed to correct record and grant credit of TDS u/s 194IA filed in wrong return form

8 months ago

Income Tax Department was directed to correct their record and grant credit of TDS under section 194IA to assessee which…

  • ICAI

ICAI Appellate Authority reduces practising for life ban on CA punished in Satyam Case

8 months ago

ICAI Appellate Authority reduces life ban to 10 years on CA punished in Satyam Case for Life to 10 years…

  • Companies Act

MCA revised Form CRA-2 intimation of cost auditor’s appointment to Central Govt.

8 months ago

MCA revised Form CRA-2 of intimation of appointment of cost auditor by the company to Central Government Ministry of Corporate…

  • Companies Act

MCA revised Form GNL-1. Seeks more details of default and investigation if any

8 months ago

MCA revised Form GNL-1. Companies (Registration Offices and Fees) Amendment Rules, 2025 Ministry of Corporate Affairs has substituted Form GNL-1.…

  • Income Tax

ITAT set aside order and remits case to examine claim of exemption u/s 10(26)

8 months ago

ITAT remits case to examine claim of exemption u/s 10(26) for assessee being a Scheduled Tribe and residing in Meghalaya…

  • Income Tax

Order passed under section 119(2)(b) of the Act is not appealable before ITAT

8 months ago

Order passed under section 119(2)(b) of the Act is not appealable before the Tribunal In a recent judgment, ITAT Chennai…

  • Income Tax

No denial of exemption u/s 54F merely for non deposit of consideration in capital gain account

8 months ago

Exemption u/s 54F can not be denied merely because assessee did not deposit net sale consideration in capital gain account …

  • Income Tax

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report as building was old

8 months ago

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report where the building on the land purchased was 30 years old…

  • Income Tax

Exemption u/s 10(26) denied as address of assessee in PAN was not of specified area

8 months ago

Denial of exemption u/s 10(26) upheld as address of assessee in PAN was of Mumbai and he could not produce…

  • Income Tax

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

8 months ago

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