• Income Tax

Tax Authorities should charge legitimate taxes instead of punishing bonafide mistakes

3 weeks ago

Tax Authorities should charge legitimate taxes from the taxpayers instead of punishing the assessees for their bonafide mistakes - ITAT…

  • SEBI

SEBI cautions public regarding dealing in ‘Digital Gold’ or ‘E-Gold’

3 weeks ago

SEBI Has issued a Press Release cautioning on dealing in Digital Gold. Digital Gold or E-Gold refers to electronic investment…

  • Income Tax

Assessee can challenge the validity of any order in the collateral proceedings – ITAT

3 weeks ago

Assessee can challenge the validity of any order in the collateral proceedings though the same has not been challenged before…

  • Income Tax

Reopening quashed as Form No. 10 have little space to fill reasons of accumulation u/s 11(2)

3 weeks ago

Reopening quashed as Form No. 10 have limited space to fill reasons of accumulation of income u/s 11(2) and resolution…

  • Income Tax

Stamp duty valuation or classification for fiscal purposes not change character of Agri land

3 weeks ago

Stamp duty valuation or classification for fiscal purposes does not determine the character of the property under the Income-tax Act…

  • Income Tax

Mere difference of cash deposit between two AYs not unexplained money

3 weeks ago

Difference of cash deposit between two Assessment Years cannot be added on illogical rationale that there cannot be any increase…

  • Income Tax

Reassessment bad as reasons to believe wrongly stated ITR was processed only u/s 143(1)

3 weeks ago

Reassessment order quashed as reasons to believe stated that return was processed only u/s 143(1) whereas return was actually processed…

  • Income Tax

SLP dismissed against bogus liability named “book overdraft” for cheques not presented

3 weeks ago

SLP dismissed against bogus liability styled as “book overdraft” reflected as payable to banks for cheques issued not presented to…

  • Empanelment

NALCO invites RFP for empanelment of CA/CMA firms for internal audit

3 weeks ago

NALCO invites RFP for empanelment of chartered accountant/cost accountant firms for conducting internal audit. National Aluminium Company Limited (NALCO) invites…

  • Income Tax

Notice u/s 148 issued prior to due communication of approval u/s 151 invalid

3 weeks ago

ITAT quashed reassessment as notice u/s 148 was issued even prior to the due communication of approval u/s 151 to…