• ICAI

ICAI competent to impose restriction on number of tax audits per year by CAs – Supreme Court

3 weeks ago

ICAI competent to impose restriction on number of tax audits u/s 44AB per year  - Supreme Court settles the pending…

  • Income Tax

CIT(A) should decide the issue on merit rather than suggesting remedial action – ITAT

3 weeks ago

CIT(A) should decide the issue on merit rather than suggesting remedial action In a recent judgment, the ITAT Ahmedabad has…

  • Income Tax

Not striking-off of limb of penalty u/s 271AAB – ITAT deleted penalty

3 weeks ago

Not striking-off of limb of penalty u/s 271AAB – ITAT deleted penalty as assessee was not made aware of the…

  • Income Tax

ITAT is required to follow Jurisdictional High Court instead of order of Co-ordinate Bench

3 weeks ago

ITAT is required to follow the Hon’ble Jurisdictional High Court instead of orders of Co-ordinate Bench - ITAT In a…

  • Income Tax

TCS Payable not hit by section 43B as it can not be claimed as deduction in PL Account

3 weeks ago

TCS Payable not hit by section 43B as it can not be debited in Profit and Loss account and claimed…

  • Income Tax

TDS on sale of scrap u/s 206C not dependent on if seller himself is manufacturer or not

3 weeks ago

Sale of scrap not generated from a manufacturing/mechanical process not liable to TCS u/s 206C of the Act although to…

  • Income Tax

Why would a CA advise assessee not to file appeal, ITAT refused to condone delay

3 weeks ago

Why would a CA dissuade an assessee from filing appeal / pursuing legal remedy granted to him under the statute…

  • Income Tax

Excel Income Tax Challan ITNS 280 FY 2024-25 AY 2025-26 with database facility – Download

3 weeks ago

Excel Income Tax Challan ITNS 280 for FY 2024-25 AY 2025-26 with database facility. Download ABCAUS Income Tax payment Challan…

  • Income Tax

Penalty u/s 270A for bogus claim of deduction under Chapter VIA upheld by ITAT

3 weeks ago

Penalty u/s 270A for bogus claim of deduction under Chapter VIA upheld by ITAT In a recent judgment, the ITAT…

  • Income Tax

Merely because word “provision” is used it cannot be said that same is a provision

3 weeks ago

Merely because word "provision" is used it cannot be said that the same is a provision - ITAT In a…