• Empanelment

Bank of Maharashtra Concurrent Audit empanelment FY 2025-26. Last date 01.03.2025

10 months ago

Bank of Maharashtra Concurrent Audit online empanelment FY 2025-26 BANK OF MAHARASHTRA has invited applications from practicing firms of Chartered…

  • Income Tax

Penalty u/s 271AAA(1) not leviable on undisclosed income offered during assessment

10 months ago

Penalty u/s 271AAA(1) not leviable on undisclosed income offered during assessment proceedings and not during search – Supreme Court.  In…

  • Income Tax

Claim of exemption u/s 10(26) for Tribal Person remitted as PAN wrongly applied as Partnership

10 months ago

Claim of exemption u/s 10(26) for Tribal Person remanded when by ignorance PAN was wrongly applied in the name of…

  • Companies Act

Private companies to issue dematerialised securities till extended date 30.06.2025

10 months ago

Relief to private companies for issue of dematerialised securities. Date extended to 30th June, 2025.”. MINISTRY OF CORPORATE AFFAIRS Notification …

  • Income Tax

New Income Tax Bill 2025 nearly doubles existing sections of 1961 Act. Download Bill & FAQs

10 months ago

New Income Tax Bill 2025 nearly doubles existing sections of 1961 Act. Download copy of Bill and read FAQs on…

  • Service Tax

No service tax leviable on sale of lottery tickets– Supreme Court

10 months ago

No service tax leviable on transactions between purchaser of lottery tickets and Government of Sikkim – Supreme Court   In…

  • SEBI

SEBI fixes responsibility for use of artificial intelligence

10 months ago

SEBI fixes responsibility for use of artificial intelligence and machine learning tools and techniques SEBI has notified he Securities and…

  • Income Tax

Without recalling earlier order, fresh rectification order u/s 154 can not be passed

10 months ago

Without recalling earlier order, fresh rectification order u/s 154 can not be passed In a recent judgment, Allahabad High Court…

  • Income Tax

Annual Statement u/s 285 by a non-resident to be furnished within eight months

10 months ago

Annual Statement u/s 285 by a non-resident to be furnished within eight months  Under section 285 of the Income Tax…

  • Income Tax

Possibility of penalty proceedings cannot be kept pending like a Damocle’s sword – High Court

10 months ago

Possibility of initiating proceedings against an assessee cannot be kept pending over his head like a Damocle’s sword – Penalty…