• Income Tax

Revision u/s 263 becasue AO did not analyze records in a particular manner, bad in law

10 months ago

No Revision u/s 263 can be done on the ground that documents/material not looked into and analyzed by AO not…

  • Income Tax

There is difference in CBDT/member passing order & some other officer with approval

10 months ago

There is a difference between CBDT or its authorised member making an order u/s 119(2)(b) and some other officers making…

  • Income Tax

Gross receipts of Trust not registered u/s 12AA can’t be taxed without allowing expenses

10 months ago

Entire gross receipts of the Trust not registered u/s 12AA can not be taxed without giving allowance of expenditure incurred. …

  • Income Tax

Onus is on assessee to prove that he is in retail business, eligible for presumptive taxation

10 months ago

Onus is on assessee to prove and substantiate that he is in retail business, and eligible to claim presumptive of…

  • Empanelment

UCO Bank empanelment of Stock & Receivables auditor. Last date to apply is 12.03.2025

10 months ago

UCO Bank invites application for empanelment of Auditors for Stock & Receivables  UCO Bank invites application for empanelment of Auditors…

  • MSME

Minimum turnover clauses in Tenders can not defeat Procurement Policy for MSEs Order 2012

10 months ago

Minimum turnover clauses in Tenders can not defeat the Public Procurement Policy for Micro and Small Enterprises (MSEs) Order 2012…

  • Income Tax

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc.

10 months ago

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc., but on the basis…

  • Income Tax

CBDT amends Rule 12CA/12CC for due dates of statement to be filed u/s 115UA/115TCA

10 months ago

CBDT amends Rule 12CA/12CC regarding due dates of statement to be filed u/s 115UA / 115TCA for payments of income…

  • Income Tax

Addition deleted as no difference was in quantity of jewellery found & declared in wealth tax return

10 months ago

Addition u/s 69A deleted as there was no difference in the quantity of jewellery found during search and jewellery declared…

  • Income Tax

AO to give full credit of TDS as per Form 26AS though full TDS not filled in ITR

10 months ago

It is incumbent upon AO to give full credit of TDS as per Form 26AS though full TDS could not…