• Income Tax

Power of CIT(A) u/s 251(1)(a) to remand case can be exercised only in best judgment assessment

2 months ago

Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…

  • ICAI

ICAI (Global Networking) Guidelines, 2025 kept in abeyance

2 months ago

ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…

  • Empanelment

Bank of India-Online Concurrent Audit Empanelment FY 2026-27. Last Date : 15.07.2026

2 months ago

Bank of India-Online Concurrent Audit Empanelment  FY 2026-27. Last Date to apply is 15.07.2026 Notice for CA firms applying for…

  • Income Tax

Assessing Officer not an expert to do the job of share premium valuation – ITAT

2 months ago

  AO was not competent in valuing the share premium amount as he is not an expert to do the…

  • Income Tax

No law prevents Bengali’s right to be in Hindu Joint Family (HUF) – ITAT

2 months ago

Under Dayabhag law there is nothing to prevent Bengalis to be in Hindu Joint Family (HUF) In a recent judgment,…

  • Income Tax

Presumption u/s 132(4A) r.w.s. 292C applicable only to searched person not to third person – ITAT

2 months ago

There is no presumption of accuracy or truthfulness of any loose sheet found in search premises of a third party…

  • Income Tax

CBDT issues 23 FAQs on transition provisions under Section 536 of the Income-tax Act, 2025 

2 months ago

CBDT has issued 23 FAQs on transition provisions under Section 536 of the Income-tax Act, 2025  CBDT has issued 23…

  • Income Tax

Respondent assessee, under Rule 27 can’t raise a ground which is adverse to appellant Revenue

2 months ago

Respondent assesse, under Rule 27 not entitled to raise a ground which would work adversely to the appellant Revenue -…

  • huf

When testator was illiterate, burden was on propounder of Will to satisfy judicial conscience of Court

2 months ago

If judicial conscience of a final court of fact is not satisfied about the valid execution of the Will, it…

  • Insurance

Which ITRS are relevant for assessing income of deceased person under MV Act 1988

2 months ago

SC laid downs guidelines for use of ITRS for assessing annual income of deceased person under Motor Vehicles Act 1988…