• Income Tax

NSDL latest e-TDS TCS RPU Version 5.9 and FVU 9.04 applicable from 01.04.2026 – Download

2 months ago

NSDL latest e-TDS TCS RPU Version 5.9 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing…

  • Income Tax

Same transaction cannot be subject matter of assessment under Section 147 twice

2 months ago

Same transaction cannot be subject matter of assessment under Section 147 twice; one by the ITO and the other by…

  • ICAI

Applicability of Guidance Note on Financial Statements of Non-Corporate Entities/LLPs

2 months ago

Applicability of ICAI Guidance Note on Financial Statements of Non-Corporate Entities/LLPs for FY 2025-26 and 2026-27 ICAI has issued an…

  • Income Tax

Requirement of DIN referencing in Income Tax notices etc. and exceptions

2 months ago

CBDT has issued revised requirements of DIN referencing in Income Tax notices etc. and exceptions Section 292B of Income Tax…

  • Income Tax

Applicability of deeming fiction u/s 50C when property purchased & sold within same year

2 months ago

When property purchased and sold within same year both sale and purchase price has to be adopted by applying same…

  • ICAI

ICAI defers the effective date of Standard on Quality Management SQM1 and SQM2

2 months ago

ICAI defers the mandatory effective date of SQM 1 and SQM 2 The Council of ICAI, at its 451st Meeting…

  • Income Tax

Addition based on letter of District Magistrate not recovered during search deleted

2 months ago

Addition deleted as it was made on the basis of letter of District Magistrate which not recovered during the search…

  • Income Tax

CBDT clarification on threshold for TDS on interest by banks under Income Tax Act 2025

2 months ago

Banks not required to deduct TDS under Income Tax Act 2025 on interest income below threshold limit - CBDT clarification …

  • Income Tax

Allegations of delay in TDS deposit & person responsible must be tested at trial

2 months ago

Allegations of delay in TDS deposit, role of person responsible are disputed factual matters which must be tested at trial…

  • Income Tax

Generation & allotment of UIN in Form No. 121 declaration for payment without TDS

2 months ago

Procedure, formats and standards for generation and allotment of Unique Identification Number (UIN) in respect of Form No. 121 declaration…