• Income Tax

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

11 months ago

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

  • Income Tax

Law and provisions are laid down to benefit both sides of litigation, ITAT condones delay

11 months ago

ITAT condoned delay of 346 days observing law and provisions are laid down to benefit both sides of litigation. In…

  • GST

Negative blocking of Electronic Cash Leger – Supreme Court dismissed SLP of Department

11 months ago

Negative blocking of Electronic Cash Leger – Supreme Court dismissed SLP of the GST Department challenging the order of Delhi…

  • Income Tax

Revision u/s 263 for issue of correct penalty notice by modifying reassessment order upheld

11 months ago

No fault in invoking Revisionary jurisdiction u/s 263 to direct AO to issue correct penalty notice by modifying the reassessment…

  • Income Tax

Agricultural land is not out of purview of section 56(2)(x) of Income Tax Act, 1961

11 months ago

Agricultural land cannot be taken out of the purview of section 56(2)(x) of the Income Tax Act, 1961 (the Act)…

  • Empanelment

Institute of Actuaries invites EoI for Empanelment of CA Firm for 2025-26 to 2027-28

11 months ago

Institute of Actuaries of India Expression of Interest for Empanelment of Chartered Accountant Firm for the statutory audit for F.Y.…

  • Income Tax

HC declined to interfere with acquittal of assessee from prosecution u/s 278AA

11 months ago

High Court declined to interfere with acquitting the assessee from prosecution u/s 278AA launched by Income Tax Department for non…

  • Income Tax

Limitation to issue notice 148 to LR not apply from first notice issued to deceased father

11 months ago

Limitation to issue notice 148 to legal representative do not apply from the first notice issued to deceased father  -…

  • Empanelment

CAG invites EoW from CA firms for audit of various bodies from July 2025 to March 2027 

11 months ago

CAG is inviting EoW from CA firms for audit of various bodies from July 2025 to March 2027  Engagement of…

  • bankruptcy

IBBI(Insolvency Resolution Process for Corporate Persons) 4th Amendment Regulations 2025

11 months ago

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2025 The Insolvency and Bankruptcy…