• Income Tax

Satisfaction note u/s 153C should be prepared for each AY mentioning documents seized

4 weeks ago

Satisfaction note u/s 153C should be prepared for each Assessment Year mentioning the documents seized in respect of each AY.…

  • Income Tax

Writ Petition to be filed within reasonable period, challenge to order u/s 119(2)(b) dismissed

1 month ago

A Writ Petition should be filed within a reasonable period, High Court dismissed Petition challenging order passed u/s 119(2)(b) In…

  • Income Tax

Excel Form 10E-Salary Arrears Relief calculator for AY 2026-27 for claiming rebate u/s 89(1)

1 month ago

Excel Form 10E-Salary Arrears Relief calculator AY 2026-27 (FY 2025-26) for claiming rebate under section 89(1) of Income Tax Act…

  • Excise/Custom

Procedure for handling returning export cargo from Strait of Hormuz, Waiver of additional fee

1 month ago

CBIC prescribes procedure for handling of returning export cargo from international waters due to closure of the Strait of Hormuz…

  • Income Tax

Addition u/s 68 for cash deposit entries in bank statement upheld though assessee did not maintain books

1 month ago

Addition u/s 68 of the Income Tax Act towards entries of cash deposit in bank statement upheld even though assessee…

  • Concurrent Audit

Central Bank of India Concurrent audit online empanelment FY 2026-27. Last Date 15.03.2026

1 month ago

Central Bank of India Concurrent audit online empanelment for financial year 2026-27. Last Date for filing Online Applications is 15.03.2026…

  • Income Tax

Income tax nation-wide verification exercise on Restaurants suppressing turnover

1 month ago

Income tax Department carries out nation-wide verification exercise on Restaurants suppressing turnover As per Press Release issued by CBDT, Income…

  • Income Tax

Common business premise not enough to label loan creditor as accommodation entry provider

1 month ago

Merely because loan creditor existed in the premises wherein accommodation entry providers had their offices, AO cannot come to the…

  • Income Tax

CBDT amends IT Rules 114F 114G and 114H related to reporting financial institutions

1 month ago

CBDT amends Income Tax Rules 114F 114G and 114H related to reporting financial institutions and their obligations CBDT has by…

  • Income Tax

Not making available material forming basis of reopening shows AO had prejudged the issue

1 month ago

AO stating that material forming basis of reopening shall be disclosed at the stage of assessment/re-assessment, indicates that the AO…