• Income Tax

Penalty 271(1)(c) quashed-Assessee forget to declare interest income due to old age

8 years ago

In a recent judgment, ITAT Amritsar has quashed penalty imposed u/s 271(1)(c) for non declaration of bank fixed deposit interest…

  • CA CS CMA

KSCAS petition challenging cost accountants appointment as auditor of co-operative societies dismissed by Karnataka HC

8 years ago

The Karnataka State Chartered Accountant Society (KSCAS) has lost its case against inclusion of Cost Accountants as auditor of State…

  • Income Tax

Application for registration u/s 12A-No pre-requirement to show and establish having undertaken charitable activities before filing such application

8 years ago

In a recent judgment, ITAT Delhi has held that it is not pre-requirement for seeking registration u/s 12A of the…

  • Excise/Custom

CENVAT Credit Rules Amendment 2016. Option of not maintaining separate accounts-6% of value of exempted goods 7% of value of exempted services accounts

8 years ago

CENVAT Credit Rules amendment regarding option to pay tax by the manufacturer of goods or the provider of output service, opting…

  • Income Tax

Unregistered agreement to sell amounts to transfer u/s 2(47) for capital gain purpose

8 years ago

In a recent judgment, ITAT Delhi has held that land possession given and major sales consideration received through unregistered agreement to…

  • NSC KVP

Discontinuation of physical pre-printed NSC and KVP certificates by e-mode

8 years ago

F.No. 1/04/2016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: 1st…

  • Gold Monetisation Scheme

Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors

8 years ago

Gold Monetisation Scheme Liberalized to make it more attractive for potential depositors. Government had launched the Gold Monetisation Scheme (GMS)…

  • Start-ups

Step-wise guide on installation procedure of Startup India mobile application

8 years ago

Step-wise guide on installation procedure of Startup India mobile application Step-1 Check your mobile Android version In your mobile Go…

  • Service Tax

Delhi High Court also Stays Service Tax on Senior Advocates

8 years ago

Two days after the Gujarat High Court stayed service tax on senior advocates, today, a division bench of the Delhi High Court…

  • Income Tax

CBDT-Request to taxpayers to avail facility for online rectification

8 years ago

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 1st April,…