Carry forward of loss for belated return with positive income not allowed. Section 80 not use word 'return of loss',…
Revised Date for applicability of Standards on Auditing. SA 700, SA 701, SA 705, SA 706 applicable for periods beginning…
Option form 3CFA for taxation of income from patent us 115BBF MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF…
Fair rental value estimated by Income Tax Inspector disapproved by ITAT. FMRV ordered to be ascertained u/s 23(4) by applying…
Land within municipal limits can not be treated agricultural based on revenue record. Revision u/s 263 upheld for assessment based…
CBEC FAQ on GST Migration Process FAQs on GST Migration Process Q1. I am an existing PAN-based Service Tax (ST) and…
Revision us 263 on reasons unconnected with grounds of reopening which was for specific purpose. Calcutta High Court upholds revision…
Interest rates reduction except Post Office Savings Account Schemes. Small savings schemes continue to be attractive compared to bank deposits …
Corporate Voluntary Liquidation Process Regulations notified by Insolvency and Bankruptcy Board of India. Regulations effective from 1st April, 2017 Insolvency…
CBDT APA Program crosses 150 Milestone. Total number of Advance Pricing Agreements (APAs) entered into by the CBDT has reached…