• Income Tax

In abated search assessments AO’s jurisdiction not restricted to “incriminating material” only

3 months ago

In abated search assessments u/s 153A, AO’s investigative powers are wide and are not restricted to "incriminating material” only –…

  • GST

Supreme Court declines to entertain SLP due to constitution of the GST Appellate Tribunal 

3 months ago

Supreme Court declines to entertain SLP due to constitution of the GST Appellate Tribunal  In a recent judgment, Hon'ble Supreme…

  • Income Tax

After notice u/s 143(2) is issued, processing u/s 143(1) is not permissible

3 months ago

After notice u/s 143(2) is issued in scrutiny proceedings, summary processing u/s 143(1) is not permissible - ITAT In a…

  • Income Tax

Assessment Order without digital or manual signature is non-est and illegal

3 months ago

Assessment Order without digital or manual signature is non-est and illegal In a recent judgment, Delhi ITAT has held that…

  • Income Tax

Once ITR is filled in response to notice u/s 148 though late, notice u/s 143(2) is must – ITAT

3 months ago

Once assessee filed ITR, in response to the notice u/s 148 of the Act, even beyond time prescribed, Assessing Officer…

  • tender

Petitioner was not disqualified in tender for giving EMD by way of FD not DD

3 months ago

Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place of Demand Draft -…

  • Bank

State Bank of India elects four Directors in its Central Board

3 months ago

State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting…

  • Income Tax

Declaration of additional income by increasing the WIP was not proper – ITAT

3 months ago

Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the…

  • Income Tax

Cash payment for purchase of land or property not violation of 269SS or 269T

3 months ago

Cash payment for purchase of land or property cannot be treated as violation of provisions of section 269SS or 269T…

  • Income Tax

Excel Utility for ITR-1 ITR-2, ITR-3, ITR-4 and to ITR-5 available for e-filing for AY 2026-27

3 months ago

Income Tax Department has released Excel Utility for e-filing ITR-1, ITR-2, ITR-3, ITR-4 and ITR-5for AY 2026-27 and Common Offline…