• Income Tax

Penalty u/s 270A can not be levied for only making a claim which gets disallowed

9 months ago

Penalty u/s 270A can not be levied for only making a claim which was disallowed. Filing of Form No. 68…

  • Empanelment

District Co-operative Central Bank Srikakulam empanelment of Concurrent Auditor FY 2025-26

9 months ago

District Co-operative Central Bank Ltd. Srikakulam invites application for empanelment of Concurrent Auditor for Financial Year 2025-26 The District Co-operative…

  • Income Tax

CBDT issues clarification on Circular No. 01/2025 on application of PPT under India’s DTAAs

9 months ago

CBDT issues clarification on Circular No. 01/2025 On Application of PPT under India’s DTAAs CBDT has issued Circular No. 01/2025…

  • Income Tax

Penalty u/s 271(1)(b) for each default in not responding notices u/s 142(1) not justified

9 months ago

Levy of penalty u/s 271(1)(b) for each default in not responding to notices issued u/s 142(1) of the Act was…

  • Income Tax

Section 269SS not apply to cash refund of advance given for purchase of property

9 months ago

Refund of advance amount on cancellation of agreement for purchase of property does not partake the character of loan or…

  • Income Tax

Foreign Tax Credit cannot be denied for delay in filing Form-67 which is directory – ITAT

9 months ago

Foreign Tax Credit cannot be denied merely because there is a delay in filing Form-67 which is directory and not…

  • Income Tax

CPC adjustment u/s 143(1) allowed to be examined in scrutiny u/s 143(3)

9 months ago

ITAT allows issue of CPC adjustment made in intimation u/s 143(1) to be examined in proceedings u/s 143(3) In a…

  • Income Tax

Minimum 7 day’s time to reply to notice u/s 148A(b) was not required in search cases

9 months ago

Minimum 7 days time to furnish reply to notice u/s 148A(b) was not required in cases covered by search -…

  • Income Tax

Non-tax payer not expected to view Portal now and then–Reassessment order quashed

9 months ago

Assessee being a non-tax payer, cannot be expected to view the Portal after a lapse of 8 eight years –…

  • Income Tax

Capital received in earlier year can not be taxed as unexplained cash credit in later Year

9 months ago

Amount of share capital received in earlier year can not be taxed as unexplained cash credit in subsequent Year -…