• FCRA

Clarification on treatment & accounting of refund of TDS related to Foreign Contribution

11 months ago

Clarification regarding treatment & accounting of refund of TDS pertaining to Foreign Contribution The Ministry of Home Affairs (FCRA Division)…

  • Income Tax

Delay of 1 and ½ years in filing appeal cannot be considered as inordinate delay – ITAT

11 months ago

Delay of 1 and ½ years cannot be considered as inordinate delay unless negligence or want of due diligence on…

  • Companies Act

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025

11 months ago

MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New…

  • Income Tax

If TDS already deposited belatedly, continuing proceedings u/s 276B/278B abuse of law – HC

11 months ago

If amount of TDS has already been deposited though belatedly, to allow the proceeding u/s 276B/278B will be abuse of…

  • Income Tax

No move to use Digi Yatra data to track income tax evaders – CBDT

11 months ago

No move by Income Tax Department to use Digi Yatra data to track tax evaders Income Tax Department (CBDT) has…

  • Income Tax

Incorrect claim not willful evasion, can be erroneous interpretation of law

11 months ago

Incorrect claim or erroneous claim not willful evasion, in certain circumstances can be erroneous interpretation of law.  In a recent…

  • Income Tax

CBDT extends due date for furnishing belated/revised return for AY 2024-25

11 months ago

Extension of due date for furnishing belated/revised return of income for the Assessment Year 2024-25 CBDT extends due date for…

  • Income Tax

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of notice u/s 133(6)

11 months ago

Penalty u/s 272A(2)(c) confirmed on Sub Registrar for non compliance of statutory notice u/s 133(6) calling for information of immovable…

  • Income Tax

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024

11 months ago

Extension of due date for determining amount payable under Vivad Se Vishwas Scheme 2024 Circular N o. 20/2024   F.…

  • Income Tax

Exemption u/s 10(38) can’t be denied if LTCG not included as book profits u/s 115JB

11 months ago

Proviso to Section 10(38) of the Act cannot be read in the reverse to mean that if the gains are…