• Income Tax

Income Tax Bill 2025 passed by Lok Sabha. CBDT issues Supplementary FAQs

11 months ago

Income Tax Bill 2025 passed by Lok Sabha. CBDT issues Supplementary FAQs . CBDT issues Supplementary FAQs on Income Tax…

  • Income Tax

CBDT expands the scope of Safe Harbour Rules

11 months ago

CBDT notifies amendments in Income Tax Rules 1962 to expand the scope of Safe Harbour Rules Section 92BC of the…

  • Income Tax

Reassessment quashed as alleged transaction were reflected in Income Tax Returns

11 months ago

Reassessment quashed as the alleged transaction were clearly mentioned, reflected and contained in the Income Tax Returns filed by the…

  • Empanelment

EPFO invites RFP for appointment of CA Firm for FY 2024-25. Last date to apply: 31.03.2025

11 months ago

EPFO invites RFP for appointment of CA Firm for FY 2024-25 for preparation of Annual Financial Statements and automation. EPFO…

  • Income Tax

Penalty quashed as show cause notice & personal hearing decided in 48 hours

11 months ago

Penalty order quashed as show cause notice and opportunity of personal hearing was wrapped up in 48 hours In a…

  • Income Tax

ITD can’t suo motu issue a new PAN when assesseee have a valid PAN

11 months ago

Department can’t suo motu issue a new PAN when assesseee have a valid PAN under which returns are filed. In…

  • Income Tax

For Sundry creditors creditworthiness is not an essential point for examination

11 months ago

Sundry creditors are not loans or advances where creditworthiness to give advances is essential point for examination - ITAT In…

  • Income Tax

ITAT to record reasons why findings of appellate authority not acceptable

11 months ago

ITAT is required to examine correctness of the findings recorded by appellate authority and record conclusion why such findings are…

  • Companies Act

ABCAUS Excel Depreciation Calculator FY 2024-25 under Companies Act 2013 -Download

11 months ago

ABCAUS Excel Depreciation Calculator FY 2024-25 under Companies Act 2013 as per Schedule-II Version 03.21 The maiden ABCAUS Excel Companies…

  • bankruptcy

Income Tax demands raised subsequent to approval of Resolution Plan invalid – SC

11 months ago

Approved Resolution Plan is binding on Income Tax Department. Demands raised subsequently are invalid – Supreme Court In a recent…