• Empanelment

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26

11 months ago

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application…

  • Income Tax

Section 87A rebate available for short-term capital gains – ITAT

11 months ago

No restriction that Section 87A rebate is not available for short-term capital gains. In a recent judgment, ITAT Agra has…

  • bankruptcy

Homebuyer entitled to possession if their name included in list of financial creditors

11 months ago

Homebuyer entitled to possession of the Apartment if their name incorporated in the list of financial creditors – Supreme Court…

  • GST

GSTN Advisory to file pending returns before expiry of three years on 01.10.2025

11 months ago

GSTN has issued advisory to taxpayers to reconcile records and file pending GST Returns within expiry of three years as…

  • Income Tax

Insurance premium paid for partner of the firm held as allowable expenditure

11 months ago

Insurance premium paid for partner of firm held allowable expenditure as it was incurred as a condition for availing business…

  • Income Tax

ITD advisory on new time limit of 2 years for filing TDS/TCS correction returns

11 months ago

Income Tax Department had issued an advisory on new time limit for filing TDS/TCS correction returns as per Income Tax…

  • Income Tax

Provision for discount allowed as expenses as it was discharged in subsequent Year

11 months ago

Provision for discount allowed as expenses as it had been discharged fully in the subsequent Assessment Year. In a recent…

  • Companies Act

Startup companies may now amalgamate/merge with unlisted companies

11 months ago

Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA…

  • Income Tax

Depreciation can not be disallowed even if software purchased was second hand – ITAT

11 months ago

Merely because vendor could not produce evidence for original purchase of software sold to assesssee, the depreciation thereon could not…

  • recovery

A person executing promissory note later can’t deny receiving cash for want of any proof.

11 months ago

Absence of documentary proof would not lead to conclusion that cash amount was not paid when the receiver has executed…