• Income Tax

In case of admitted income, AO not required to establish evidentiary basis thereof – HC

2 months ago

In case of admitted income, it is not for the Assessing Officer to establish the evidentiary basis thereof – High…

  • Income Tax

Amendment to India-France Double Taxation Avoidance Convention

2 months ago

Government of India and France sign the Amending Protocol to amend the India-France Double Taxation Avoidance Convention CBT has stated…

  • Income Tax

If cash sales accepted, section 68/69A can’t be invoked for receipt of SBNs after demonetisation

2 months ago

Once cash sales are accepted, section 68/69A cannot be invoked merely for violation of RBI guidelines for receipt of SBNs…

  • Income Tax

Payment on behalf of shareholder, debited to his deposit account not deemed dividend

2 months ago

Payment made on behalf of the shareholder and debited to his deposit account having credit balance not deemed dividend u/s…

  • Income Tax

Assesssing Officer can’t refer decision to initiate levy of Penalty to Superior Officer

2 months ago

Assesssing Officer can’t refer decision to initiate levy of Penalty u/s 271D to Superior Officer unless he himself arrives at…

  • Income Tax

New Tax Regime benefit allowed in view of direction of SC despite belated Form 10IE

2 months ago

New Tax Regime benefit granted despite belated filing of Form 10IE in view of directions of Supreme Court for exclusion…

  • Income Tax

Revenue can’t take advantage of mistakes of assessee, ITAT remands claim of exemption u/s 10(23C)(iiiad) to AO

2 months ago

Revenue can not take advantage of mistakes of assessee, ITAT remands claim of exemption u/s 10(23C)(iiiad) to AO In a…

  • Empanelment

CGDA invites application for engagement of CAs as Young Professionals

2 months ago

Controller General of Defence Accounts invites application for engagement of CAs as Young Professionals The office of the Controller General…

  • Income Tax

Reopening on audit objection invalid when AO had all information during assessment

2 months ago

Reopening based on audit objection invalid when AO had all the information at the time of assessment In a recent…

  • bankruptcy

NCLT not required to go into inability of a corporate debtor to pay its debt – SC

2 months ago

Under IBC, Adjudicating Authority not required to go into the inability of a corporate debtor to pay its debt –…