ITD celebrates 157th Income Tax Day on 24th July 2017. Income tax was first introduced on 24th July 1860 by…
Tribunal not competent to travel beyond the scope of appeal in making the addition It has to confined itself to questions…
What was not income in earlier years can not be written off as debt. The failure of share broker to…
No illegality if notice us 226(3)(iii) to assessee not issued simultaneously or prior to notice issued to bank for attachment…
Duplication in alleged entries was a classic case of non-application of mind by AO as he persisted with his belief…
Penalty for failure to deduct tax quashed as NOIDA is exempt from TDS. Assessee was under bonafide belief that tax…
FAQ on GST Laws pertaining to to registration, transition etc. Government has issued a new FAQ containing 50 Question and…
Disciplinary proceedings against CA for wrong certificate with manipulated figures quashed by Supreme Court. No material was on record to…
Extension of time limit to opt composition levy to 16 Aug 2017 for dealers granted provisional GST registration (registered under…
Income Tax Internal Audit-Revised Instruction No. 06/2017. In the light of C&AG observations, CBDT has issued a revised and comprehensive…