• Income Tax

Best Practices & SOP for capital gains on Joint Development Agreements u/s 45(5A)

11 months ago

CBDT prescribes Best Practices and Standard Operating Procedure for Assessing Capital Gains on Joint Development Agreements (JD As) under Section…

  • Income Tax

Payments to honorary doctors were professional payments liable to TDS u/s 194J

11 months ago

Payments made to honorary doctors by the hospital were professional payments liable to TDS u/s 194J not under section 192…

  • Income Tax

Approval u/s 153D granted for six AYs by a single approval letter was bad in law – ITAT

11 months ago

Approval u/s 153D granted for six assessment years by a single approval letter was mechanical and bad in law -…

  • Income Tax

No disallowance for late deposit of PF before the judgment in Checkmate

11 months ago

ITAT erred in recalling its original judgment deleting disallowance u/s 36(1)(va) for late deposit of PF based on Supreme Court…

  • 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…