• Income Tax

Penalty for concealment can not be imposed when notice issued was for furnishing inaccurate particulars of income

8 years ago

Penalty for concealment can not be imposed when notice issued was for furnishing inaccurate particulars of income - ITAT ABCAUS…

  • Income Tax

Limitation for passing penalty order u/s 275 not apply where case is transferred to another AO causing delay–High Court

8 years ago

Limitation for passing penalty order u/s 275 not apply where case is transferred to another AO causing delay in initiation…

  • GST

Government invites comments on Draft proposals for amending GST Laws – Read proposal

8 years ago

Government invites comments on Draft proposals for amending GST Laws - Last date of submission is 15th July, 2018 Draft…

  • Income Tax

Convents under the Generalate not entitled to 12A Exemption unless a separate entity – High Court

8 years ago

Convents under the Generalate not entitled to 12A Exemption unless a separate entity, entitled to hold property for themselves and…

  • Income Tax

High Court declines to entertain Writ Petition against income tax penalty order in view of alternative remedy

8 years ago

High Court declines to entertain Writ Petition against income tax penalty order in view of alternative remedy available by way…

  • Finance Ministry

Specified securities for investment by Trust-Minimum AA rating required for few instruments

8 years ago

Specified securities for investment by Trust-Minimum AA rating required for listed debt securities, banks Basel III Tier-I bonds & infrastructure debt…

  • ITAT

No disallowance u/s 36(1)(iii) can be made for cash-in-hand over certain time unless shown that it was utilized for undisclosed purpose- ITAT

8 years ago

No disallowance u/s 36(1)(iii) can be made for cash-in-hand over the certain period of time unless cogent material is brought…

  • Income Tax

Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A must be objective – SC dismisses Revenues SLP

8 years ago

Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A has  to  be  an  objective satisfaction with notice…

  • ICAI

ICAI introduces UDIN to be generated for documents-certificates issued by CAs – FAQ and Guide

8 years ago

ICAI introduces UDIN to be generated for documents-certificates issued by CAs. The UDIN shall be registered with UDIN portal. FAQ…

  • Income Tax

Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance sheet filed along with return 

8 years ago

Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance…