Gross Profit rate can not be same each year. AO could not step into the shoes of businessman to determine…
Non-furnishing reopening reasons despite request vitiates the reopening of assessment. Order passed u/s 148 quashed and declared illegal by ITAT…
Assessment in individual status bad when notice issued to HUF Assessment set aside when notice u/s 148 was issued in…
GST Council approves CGST and IGST Bills. Main Features of Central Goods and Services Tax (CGST) and the Integrated Goods…
Election Commission bans exit polls till 9th March, 2017 evening Election Commission of India Press Release Dated: 04/03/2017 Ban on…
Disallowance us 40A(3) when income-profits are estimated. ITAT following Allahabad High Court judgment deletes additions for cash payments u/s 40A(3)…
Revised Pension claim Form-Aadhaar. Simplified UAN based Form 10-D has been revised. Aadhaar authentication was made compulsory earlier-EPFO EMPLOYEES' PROVIDENT…
Issue of notice us 133(6) for cash deposits verification under Operation Clean Money. CBDT issues Instructions for procedure to be…
Section 43B applicable to both employee and employer contributions. No disallowance can be made u/s 36(1)(va) if paid before ITR…
ICAI-Penalty u/s 271J on chartered accountants be withdrawn. ICAI advocates withdrawal of penalty in its Post-Budget Memorandum submitted to the…