• Income Tax

Return can be revised u/s 139(5) to claim rebate u/s 87A not claimed in original return

10 months ago

Return can be revised under section 139(5) to claim rebate u/s 87A not claimed in original return due to error…

  • Income Tax

CBDT relaxes time limit for processing of returns filed after condonation of delay

10 months ago

CBDT relaxes time limit for processing u/s 143(1) of returns filed after condonation of delay u/s 119(2)(b) Relaxation of time…

  • Income Tax

When assessed income computed from returned income, ITR not invalid for no e-verification

10 months ago

When AO started the computation of assessed income from the returned income, the return can not be considered non-est for…

  • Income Tax

No bar in holding cash after withdrawals for longer period before redeposit in bank

10 months ago

There is no bar in holding cash after withdrawals for longer period before deposited into bank on subsequent dates -…

  • Empanelment

Bank of India-Online Concurrent Audit Empanelment FY 2025-26. Last Date : 08.07.2025

10 months ago

Bank of India-Online Concurrent Audit Empanelment  FY 2025-26. Last Date to apply is 08.07.2025 Notice for CA firms applying for…

  • Income Tax

FMV of property cannot be determined exactly. Valuation to differ from valuer to valuer – ITAT

10 months ago

Fair market price of property cannot be determined exactly. Valuation will differ from valuer to valuer - ITAT In a…

  • Income Tax

Addition made without providing opportunity for cross examination is invalid – ITAT

10 months ago

Addition made without providing to assessse an opportunity for cross examination is invalid – ITAT In a recent judgment, ITAT…

  • ICAI

ICAI to launch certification / Post qualification course in Forensic Investigation

10 months ago

ICAI plans to launch certification / Post qualification course in Forensic Investigation. ICAI may soon launch its certification / diploma…

  • Income Tax

No disallowance u/s 40(a)(ia) can be made merely for not e-filing form 26A

10 months ago

No disallowance u/s 40(a)(ia) can be made merely for not e-filing form 26A which is a procedural lapse. In a…

  • Income Tax

CBDT asks Officers not to ask irrelevant & unjustified queries in scrutiny notices

10 months ago

CBDT asks Income Tax officials to avoid asking irrelevant and unjustified queries in scrutiny notices issued to taxpayers. CBDT issues…