• Income Tax

Assesee not deducting TDS due to stay by High Court can’t be treated as assessee in default

3 weeks ago

When assesee did not deduct TDS on account of interim stay of High Court, it can’t be regarded as assessee…

  • Income Tax

Penalty u/s 271B is not attracted where books of account not maintained – ITAT Allahabad

3 weeks ago

Penalty u/s 271B is not attracted in a case where books of account have not been maintained In a recent…

  • Empanelment

NALCO invites RFP for empanelment of CA Firms for verification of Stores/Spares & movable assets

3 weeks ago

NALCO invites RFP for empanelment of Chartered Accountant Firms for verification of Stores/Spares and movable assets.  NALCO has invited Request…

  • RBI

Sending or bringing currency of Nepal and Bhutan – RBI revises regulations

3 weeks ago

Sending or bringing currency of Nepal and Bhutan - RBI revises exiting regulations  RBI has notified the Foreign Exchange Management…

  • Excise/Custom

Manufacturing without aid of power. Entire process though by distinct units to be seen – SC

3 weeks ago

Entire manufacturing process though by distinct units relevant for exemption from excise duty on account of manufacture without aid of…

  • Income Tax

Delay in filing Form 10B condoned as failure was in 1st year of operation of Trust

3 weeks ago

High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…

  • Income Tax

Penalty u/s 270A quashed for no satisfaction on what was under reporting & misreporting by assessee

3 weeks ago

Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…

  • Companies Act

Small Company threshold of paid up capital and turnover increased w.e.f 1st December 2025

3 weeks ago

Small Company threshold of paid-up capital increased to Rs. ten crores and turnover to Rs. hundred crores w.e.f. 1st December…

  • Income Tax

For registration u/s 12AA if CIT satisfaction limited to objects or also to activities? SLP admitted

3 weeks ago

For registration u/s 12AA if Commissioner’s satisfaction is limited to the objects of the Institution, or also to genuineness of…

  • Income Tax

Over 30 approvals u/s 153D within minutes amounted to total non-application of mind

3 weeks ago

Over 30 approvals u/s 153D granted within minutes amounted to total non-application of mind – Bombay High Court In a…