• tender

Petitioner was not disqualified in tender for giving EMD by way of FD not DD

2 months ago

Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place of Demand Draft -…

  • Bank

State Bank of India elects four Directors in its Central Board

2 months ago

State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting…

  • Income Tax

Declaration of additional income by increasing the WIP was not proper – ITAT

2 months ago

Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the…

  • Income Tax

Cash payment for purchase of land or property not violation of 269SS or 269T

2 months ago

Cash payment for purchase of land or property cannot be treated as violation of provisions of section 269SS or 269T…

  • Income Tax

Excel Utility for ITR-1 ITR-2, ITR-3, ITR-4 and to ITR-5 available for e-filing for AY 2026-27

2 months ago

Income Tax Department has released Excel Utility for e-filing ITR-1, ITR-2, ITR-3, ITR-4 and ITR-5for AY 2026-27 and Common Offline…

  • Insurance

Mediclaim amount not deductible from MACT award under medical expenses – SC

2 months ago

Amount of money received as Mediclaim not deductible from an award passed by MACT under the head of medical expenses.…

  • Income Tax

ITAT jurisdiction is decided by location of AO passing the impugned order

2 months ago

Location of the assessing officer who passed the order shall decide the jurisdiction of the Bench of the Tribunal In…

  • Income Tax

SC explains meaning/scope of reason to believe u/s 147 and change of opinion by AO

2 months ago

Supreme Court explains meaning and scope of “reason to believe” u/s 147 and when reopening can be said to be…

  • Income Tax

Registration u/s 12AB granted as activities fall under general public utility, if not education as claimed

2 months ago

ITAT directed registration u/s 12AB as activities of the trust fall under general public utility services if not falling fall…

  • Income Tax

How a loan amount was utilised wouldn’t constitute failure to discharge onus u/s 68

2 months ago

Utilisation of loan amount would not constitute failure to discharge onus caste u/s 68 in absence of any defect in…