• Income Tax

Whether AO applied his mind or not is question of fact not law – SC dismisses SLP of Department

1 year ago

Whether AO applied his mind or not is question of fact not law – SC dismisses SLP of Department challenging…

  • Black Money

No Prohibition on travelling abroad if proceedings u/s 10 of Black Money Act initiated

1 year ago

No Prohibition in law on travelling abroad if proceedings u/s 10 of the Black Money (Undisclosed Foreign Income and Assets)…

  • Companies Act

Partnership firms/companies not eligible to be a registered valuer if not member of RVO

1 year ago

Partnership entity or company not eligible to be a registered valuer if  not a member of a registered valuers organisation…

  • bankruptcy

Challenged to IBC by a CA refused by Supreme Court for want of locus and bonafide.

1 year ago

Challenged to IBC by a Chartered Accountant refused by Supreme Court for want of locus and bonafide. ABCAUS Case Law…

  • Income Tax

Date of initiation of penalty in assessment order is the relevant date u/s 275(1)(c) for limitation

1 year ago

Date of initiation of penalty proceedings in assessment order is the relevant date u/s 275(1)(c) for limitation purpose.  ABCAUS Case…

  • Income Tax

Airlines to deduct TDS u/s 194H on supplementary commission of travel agents – SC 

2 years ago

Airlines required to deduct tax at source (TDS) u/s 194H on supplementary commission of travel agents - Supreme Court ABCAUS…

  • Income Tax

Income tax efiling portal enables Co-browsing feature for taxpayer – Read FAQs

2 years ago

Income tax efiling portal enables Co-browsing feature for taxpayer - Read FAQs 1. What is Co-Browsing and how does it…

  • ICAI

ICAI suspends 12 CAs found guilty of Professional Misconduct

2 years ago

ICAI has banned/suspended 12 Chartered Accountants (CAs) on being found guilty of Professional Misconduct. CAs found guilty have been punished…

  • Prevention of Money Laundering Act 2002

Bribe whether proceed of crime under PMLA – Intent is important says Supreme Court

2 years ago

Bribe whether proceed of crime under PMLA – intent is important says Supreme Court ABCAUS Case Law CitationABCAUS 3616 (2022)…

  • Income Tax

CBDT extends due date of filing of TDS return Form 26Q for 2nd second quarter of 2022-23

2 years ago

  CBDT extends due date of filing of TDS return Form 26Q for the second quarter of financial year 2022-23…