There is no bar in holding cash after withdrawals for longer period before deposited into bank on subsequent dates -…
Bank of India-Online Concurrent Audit Empanelment FY 2025-26. Last Date to apply is 08.07.2025 Notice for CA firms applying for…
Fair market price of property cannot be determined exactly. Valuation will differ from valuer to valuer - ITAT In a…
Addition made without providing to assessse an opportunity for cross examination is invalid – ITAT In a recent judgment, ITAT…
ICAI plans to launch certification / Post qualification course in Forensic Investigation. ICAI may soon launch its certification / diploma…
No disallowance u/s 40(a)(ia) can be made merely for not e-filing form 26A which is a procedural lapse. In a…
CBDT asks Income Tax officials to avoid asking irrelevant and unjustified queries in scrutiny notices issued to taxpayers. CBDT issues…
Once repayment of the loan is established, credit entries cannot be added to income in isolation ignoring the debit entries…
Travel back theory as propounded by the CBDT Instruction is against the spirit of the ratio laid down by the…
Failure of AO to draw inferences cannot mean that the petitioner had not disclosed all the material facts – High…