• Income Tax

Excise duty exemption not income under Section 2(24)(xviii) of Income Tax Act

10 months ago

Exemption from excise duty does not fall in the definition of income as envisaged under Section 2(24)(xviii) of the Income…

  • Income Tax

Rent receivable for properties inherited from grandparents not revenue receipt

10 months ago

Rent receivable towards properties inherited from grandparents under will does not represent revenue receipt In a recent judgment ITAT Cochin…

  • Empanelment

RFP invited for appointment of Secretarial Auditor of IREDA. Last date: 25.04.2025

10 months ago

RFP invited for appointment of Secretarial Auditor of IREDA. Last date to apply is 25.04.2025 REDA invites bids/quotation from Peer…

  • Income Tax

AO not an expert, duty bound to direct special audit u/s 142(2A) in complex business

10 months ago

AO not being an expert of accounts, having regard to complexity of business of the assesse was duty bound to…

  • GST

GSTN Advisory on reporting values in Table 3.2 of GSTR-3B from April 2025 tax period

10 months ago

GSTN Advisory on reporting values in Table 3.2 of GSTR-3B GSTN has issued an advisory cum FAQs on reporting values…

  • Income Tax

Seller not responsible for verification of Form 27C for obtaining goods without TCS

10 months ago

Seller is not responsible for verification of Form 27C for obtaining goods without Collection of Tax at Source if it…

  • Empanelment

Chamoli Zila Shakari Bank invites EOI from CA Firms for Concurrent Audit etc.

10 months ago

Chamoli Zila Shakari Bank Limited, Gopeshwar has invited Expression of Interest from Chartered Accountant Firms for Concurrent Audit, IS Audit…

  • Empanelment

Karnataka Vikas Grameen Bank invites application for concurrent audit FY 2025-26

10 months ago

Karnataka Vikas Grameena Bank invites application for concurrent audit from Chartered Accountant Firms for FY 2025-26 Karnataka Vikas Grameena Bank…

  • Income Tax

TCS not applicable to timber sized, sawn into logs of different dimensions & shapes

10 months ago

TCS provisions are not applicable to timber being sized, sawn into logs of different dimensions and shapes in activities carried…

  • Income Tax

No addition for contingent liability stated in tax audit report but not debited to P&L

10 months ago

Addition deleted for contingent liability stated in tax audit report but which was not debited to the P&L Account In…