• Income Tax

NFAC order quashed as Section 151A had not commenced when notice issued

12 months ago

Order passed by NFAC quashed as section 151A of e-assessment of income escaping assessment scheme 2022 had not commenced at…

  • Income Tax

CBDT extends eligible period of investment under section 10(23FE)

12 months ago

CBDT extends eligible period of investment under section 10(23FE) in view of the provisions of the Finance Act 2025 CBDT…

  • ICAI

ICAI opens branch in Gondia District of Maharashtra

12 months ago

ICAI opens branch in Gondia District of Maharashtra ICAI has a opened a Branch of Western India Regional Council in…

  • Income Tax

ITAT allows full TDS credit u/s 194Q to commission agent

12 months ago

Full TDS credit u/s 194Q cannot be denied merely because assessee is a commission agent and had disclosed only commission…

  • negotiable instrument act

No absolute embargo to file complaint u/s 138 of N.I. Act against SICK company – SC

12 months ago

Complaint u/s 138 of N.I. Act against SICK company was valid when restraint order allowed it to draw to meet…

  • Income Tax

Disallowance upheld u/s 37(1) for interest on delayed payment of TDS, late fees u/s 234E

12 months ago

ITAT confirms disallowance u/s 37(1) interest on delayed payment of services tax, TDS, late fees on delay in filing of…

  • Income Tax

Addition deleted for deposits of fee by students of employer school in assessee’s bank

12 months ago

Addition deleted for deposits in assessee’s bank account, fees of students of the school the assessee was employed. In a…

  • Income Tax

Amendment to Income Tax Rule 2DCA – Income-tax (25th Amendment) Rules 2025

12 months ago

Amendment to Income Tax Rule 2DCA - Income-tax (Twenty-Fifth Amendment) Rules, 2025 Income Tax Rule 2DCA was introduced by the…

  • Income Tax

Undisclosed Income of AOP Syndicates cannot be clubbed with member assessees – SC

12 months ago

Despite that assessee had formed various AOP syndicates for carrying out the business for a definite share of profit, the…

  • Income Tax

Assessment made on the basis of defective return is an invalid assessment – ITAT

12 months ago

Assessment made on the basis of a defective return filed by the assessee is invalid assessment - ITAT In a…