• Income Tax

No disallowance for late deposit of PF before the judgment in Checkmate

1 year ago

ITAT erred in recalling its original judgment deleting disallowance u/s 36(1)(va) for late deposit of PF based on Supreme Court…

  • Empanelment

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26

1 year ago

UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26 the period 01.10.2025 to 30.09.2026. Last date for submission of application…

  • Income Tax

Section 87A rebate available for short-term capital gains – ITAT

1 year ago

No restriction that Section 87A rebate is not available for short-term capital gains. In a recent judgment, ITAT Agra has…

  • bankruptcy

Homebuyer entitled to possession if their name included in list of financial creditors

1 year ago

Homebuyer entitled to possession of the Apartment if their name incorporated in the list of financial creditors – Supreme Court…

  • GST

GSTN Advisory to file pending returns before expiry of three years on 01.10.2025

1 year ago

GSTN has issued advisory to taxpayers to reconcile records and file pending GST Returns within expiry of three years as…

  • Income Tax

Insurance premium paid for partner of the firm held as allowable expenditure

1 year ago

Insurance premium paid for partner of firm held allowable expenditure as it was incurred as a condition for availing business…

  • Income Tax

ITD advisory on new time limit of 2 years for filing TDS/TCS correction returns

1 year ago

Income Tax Department had issued an advisory on new time limit for filing TDS/TCS correction returns as per Income Tax…

  • Income Tax

Provision for discount allowed as expenses as it was discharged in subsequent Year

1 year ago

Provision for discount allowed as expenses as it had been discharged fully in the subsequent Assessment Year. In a recent…

  • Companies Act

Startup companies may now amalgamate/merge with unlisted companies

1 year ago

Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA…

  • Income Tax

Depreciation can not be disallowed even if software purchased was second hand – ITAT

1 year ago

Merely because vendor could not produce evidence for original purchase of software sold to assesssee, the depreciation thereon could not…