• Income Tax

Order passed under section 119(2)(b) of the Act is not appealable before ITAT

10 months ago

Order passed under section 119(2)(b) of the Act is not appealable before the Tribunal In a recent judgment, ITAT Chennai…

  • Income Tax

No denial of exemption u/s 54F merely for non deposit of consideration in capital gain account

10 months ago

Exemption u/s 54F can not be denied merely because assessee did not deposit net sale consideration in capital gain account …

  • Income Tax

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report as building was old

10 months ago

Addition u/s 56(2)(vii)(b) deleted in absence of DVO’s report where the building on the land purchased was 30 years old…

  • Income Tax

Exemption u/s 10(26) denied as address of assessee in PAN was not of specified area

10 months ago

Denial of exemption u/s 10(26) upheld as address of assessee in PAN was of Mumbai and he could not produce…

  • Income Tax

No addition u/s 69A for cash deposit as alleged bank accounts recorded in books of accounts

10 months ago

No addition u/s 69A can be made for cash deposit in bank when the alleged bank accounts were duly recorded…

  • GST

System generated notice cancelling GST registration is quashed and set aside

10 months ago

System generated notice cancelling GST registration is quashed and set aside by Allahabad High Court  System generated notice cancelling GST…

  • Companies Act

MCA to launch 38 Company Forms on 14.07.2025. V2 & V3 Portals to be disabled

10 months ago

MCA to launch final set of 38 Company Forms on 14th July 2025 at 12:00 AM. Note down dates of…

  • ICAI

ICAI notifies dates of CA Foundation, Intermediate & Final Exams Sept 2025

10 months ago

CAI notifies Dates of CA Foundation, Intermediate and Final Exams September 2025 The Institute of Chartered Accountants of India has…

  • GST

Allahabad HC dismisses Patanjali challenge to Rs. 273 crores penalty on charges of fake ITC

10 months ago

Allahabad High Court dismissed Patanjali challenge to GST penalty of more than 273 crores on charges of indulging in circular…

  • Income Tax

Exemption u/s 11 cannot be denied merely because certificate u/s 12AA was not produced

10 months ago

Benefit of exemption u/s 11 cannot be denied, only because assessee misplaced and could not produce registration certificate issued u/s…