• Income Tax

CBDT condones delay in filing Form No. 10AB

2 months ago

CBDT condones delay in filing Form No. 10AB furnished electronically between 01.10.2025 to 31.03.2026. CBDT has condoned the delay in…

  • bankruptcy

SC express concern over AI generated judgments/paragraphs escaping scrutiny by NCLT/NCLAT

2 months ago

Supreme Court expresses serious concerns over AI generated judgments/paragraphs relied upon by the NCLT/NCLAT In a recent judgment, the Hon'ble…

  • ICAI

ICAI to take disciplinary action for quoting very low & incommensurate fee by Chartered Accountants

2 months ago

ICAI to take disciplinary action for quoting very low and incommensurate fee by Chartered Accountants As per the announcement made…

  • Income Tax

Requirement for filing Form 67 for claiming FTC only directory not mandatory – ITAT

2 months ago

Requirement for filing Form 67 for claiming Foreign Tax Credit (FTC) is only directory and not mandatory - ITAT In…

  • Income Tax

Limitation to invoke power u/s 263 for issues not covered in re-assessment start from original assessment – ITAT

2 months ago

Limitation for invoking revisional jurisdiction u/s 263 with respect to issues not covered in re-assessment would start from the original…

  • Income Tax

AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT

2 months ago

AO not justified in rejecting registered valuer’s report without making a reference to the DVO - ITAT In a recent…

  • FCRA

FCRA specifies list of 105 purposes to be selected for which registration is applied

2 months ago

FCRA specifies list of purposes to be selected for which registration is applied.  The Ministry of Home Affairs has notified…

  • Income Tax

Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company

2 months ago

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a…

  • Government

Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court

3 months ago

Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate - Delhi HC…

  • Income Tax

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA

3 months ago

High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned…