• Income Tax

No concealment penalty on circumstantial evidence of bogus purchases where income was estimated

8 years ago

No concealment penalty based on circumstantial evidence of bogus purchases where the income was estimated on the basis of circumstances…

  • Benami

Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018.

8 years ago

Prohibition of Benami Property Transactions (Removal of Difficulties) Order 2018. Reference to Initiating Officer, representation by other parties MINISTRY OF FINANCE (DEPARTMENT…

  • Income Tax

Release of convicts prosecuted under Income Tax Act on probation- Revenue’s condonation appeal dismissed

8 years ago

Release of convicts prosecuted under Income Tax Act on probation- Special Judge dismiss Revenue’s appeal delay condonation application for casual…

  • Excise/Custom

Applicability of Customs provisions to Cruise Ship / Tourism – Clarifications by CBIC

8 years ago

Applicability of Customs provisions to Cruise Ship/Tourism. escorting ship, obligations of domestic / international passengers, self-assessment of cruise vessels etc.…

  • Income Tax

Allahabad High Court issues notice to CBDT on levy of interest u/s 234A despite due date extension

8 years ago

Allahabad High Court issues notice to CBDT on levy of interest u/s 234A despite due date extension A Division Bench…

  • Income Tax

High Court directs payment to Kerala CM Distress Relief Fund for restoration of appeals

8 years ago

High Court directs payment to Kerala Chief Minister's Distress Relief Fund for restoration of the appeals and consideration on merits…

  • GST

For GST Practitioners enrolled after 24.09.2018 one more examination in December 2018 – CBIC

8 years ago

For GST Practitioners enrolled after 24.09.2018 one more exam in December 2018 GST Practitioners enrolled after 24.09.2018, one more examination…

  • Companies Act

Amendment to instructions for preparation of Balance Sheet and Profit and Loss of a company

8 years ago

Amendment to instructions for preparation of Balance Sheet and Profit and Loss of a company and Ind As compliant NBFC…

  • Income Tax

Gauhati HC directs CBDT to consider extension to 31.12.2018 and pass speaking order on or before 25.10.2018.

8 years ago

Gauhati HC directs CBDT to consider extension to 31.12.2018 and pass an speaking order on or before 25.10.2018. CBDT denies…

  • ICAI

CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence

8 years ago

CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence when fake statement was only a…