• Audit

UK and Australia signed MoU on recognising auditors qualifications of both countries

4 weeks ago

UK and Australia signed MoU on recognising auditors to work between both countries The UK’s Financial Reporting Council (FRC) and…

  • Income Tax

Capital gain exemption u/s 54F denied as new house was in the name of husband

4 weeks ago

Capital gain exemption u/s 54F denied as new house was in the name of husband In a recent judgment, ITAT…

  • Income Tax

Mere placing notice on e-filing portal not in accordance with income tax provisions – ITAT

4 weeks ago

Mere placing notice on e-filing portal of Income tax not in accordance with income tax provisions - ITAT In a…

  • Income Tax

Compensation received for vacating flat possession not taxable being a capital receipt

4 weeks ago

Compensation received for vacating flat possession not taxable it is neither chargeable under the head ‘capital gains’ nor as income…

  • Income Tax

Unless order of ITAT is reversed by High Court, same has to be given due effect – ITAT

4 weeks ago

Unless and until the order of ITAT is reversed by High Court, the same has to be given due effect…

  • GST

Self Enablement For e-Invoicing if turnover exceeds INR 5 crores in the FY 2023-2024

4 weeks ago

Self Enablement For e-Invoicing If your turnover exceeds INR 5 crores in the financial year 2023-2024 - GSTN Advisory 1.…

  • Income Tax

Addition for unexplained agricultural expenditure deleted, expenses depend on many factors

4 weeks ago

Addition for unexplained agricultural expenditure u/s 69C deleted. Agricultural expenses depend on so many factors which were ignored by Assessing…

  • Income Tax

AO to determine ALV based on material if not satisfied with workings or municipal value

4 weeks ago

AO to determine annual letting value based on material evidences, if not satisfied with workings or municipal value - ITAT…

  • Income Tax

NFAC order should be a speaking one, with adjudication on submissions & laws relied upon

4 weeks ago

NFAC order should be a speaking one, with adjudication on assessee’s submissions  and applicability of laws therein - ITAT  In…

  • Empanelment

ITD (WB & Sikkim) invites empanelment of Cost Accountants u/s 142(2A) 2024-26

4 weeks ago

ITD (West Bengal & Sikkim), invites empanelment of Cost Accountants u/s 142(2A) for FY 2024-2026. The Income Tax Department (West…