• Income Tax

When appeal is set aside by ITAT consequential proceedings are fresh proceedings – ITAT

11 months ago

Once appeal of assessee is set aside by ITAT with certain directions, then the consequential proceedings are fresh proceedings -…

  • Service Tax

Facts not disclosed & surfaced on investigation amounts to wilful suppression to evade tax

11 months ago

New facts surfaced during investigation and would not have become known but for investigation amounts to wilful suppression to evade…

  • Income Tax

CBDT Circular fixing time limit for condonation application u/s 119(2)(b) is illegal – HC

12 months ago

CBDT Circular fixing a time limit for making condonation application u/s 119(2)(b) of the Income Tax Act, 1961 (the Act)…

  • Income Tax

Interest income to be excluded from gross receipts for exemption u/s 10(23C)(iiiab)

12 months ago

Interest income to be excluded from gross receipts while computing percentage of Govt. finance for determining the exemption u/s 10(23C)(iiiab).…

  • RBI

RBI new directions for prepayment charges by banks on floating rate loan & advances

12 months ago

RBI lays down revised rules for bank prepayment charges on all floating rate loan & advances sanctioned or renewed on or…

  • Aadhaar

Revised list of acceptable supporting documents for Aadhaar from 3rd July 2025

12 months ago

Revised and up to date list of acceptable supporting documents for Aadhaar enrolment and update from 3rd July 2025. UIDAI…

  • Income Tax

Addition for PF delayed payment upheld. Law of SC applies from inception of Statute

12 months ago

Addition u/s 36(1)(va) for delayed payment of EPF upheld holding that Supreme Court judgment imparts meaning to statute from the…

  • GST

No GST demand from son without showing he continued business of deceased father firm

12 months ago

No GST demand from son for the deceased father firm without showing that son was continuing the business in the…

  • Income Tax

Addition for extra sales on basis of trading account for truncated financial year deleted

12 months ago

Addition for extra sales on the basis of trading account for truncated period of the financial year deleted by ITAT…

  • Income Tax

Cost Inflation Index for FY 2025-26 notified by CBDT. See Up-to-date Table of CII

12 months ago

CBDT has notified Cost Inflation Index for Financial Year FY 2025-26  CBDT has notified "376" as Cost Inflation Index for…