• Income Tax

Reopening rightly done as income of company shifted to partnership firm to avoid tax

11 months ago

Reopening u/s 148 was rightly done as income of the company was shifted to partnership firm to avoid tax by…

  • SEBI

Transfer/Transmission of shareholdings among relatives & their effect on change in control

11 months ago

SEBI clarification on transfer of shareholding among immediate relatives and transmission of shareholding in respect of  investment  advisers. research  analysts …

  • ICAI

ICAI notifies members elected to 26th Central Council in election held in December 2024

11 months ago

ICAI notifies members elected to 26th Central Council in election held in December 2024 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF…

  • Income Tax

Finding recorded by lower authorities based on evidence can’t be interfered by High Court

11 months ago

Finding recorded by lower authorities on the basis of evidence can not be interfered with by the third Appellate Court…

  • Income Tax

Maintainability of appeal must be decided at the outset not at fag end – ITAT

11 months ago

Maintainability of appeal must be decided at the outset not at fag end - ITAT In a recent judgment, ITAT…

  • Income Tax

Powers to condone delay u/s 119(2)(b) must be judiciously exercised to avoid undue hardship

11 months ago

Powers and statutory discretion conferred on the commissioner of income tax to condone delay u/s 119(2)(b) ought to be judiciously…

  • GST

Recommendations of 55th GST Council Meeting

11 months ago

Recommendations of 55th GST Council Meeting Meeting of the 55th GST Council were held on 21st December 2024. The GST…

  • Excise

Pure coconut oil sold in small quantities as edible oil classifiable under Heading 1513 – SC

12 months ago

Excise classification of coconut Oil in small packings. Pure coconut oil sold in small quantities as edible oil classifiable under…

  • Income Tax

Section 271J Penalty on CAs. Madras High Court, Writ dismissed for non appearance

12 months ago

Section 271J Penalty on CAs was challenged in Madras High Court. The Court had accepted the writ petition. However, the…

  • Income Tax

CBDT issues revised FAQs on Direct Tax Vivad se Vishwas Scheme 2024

12 months ago

CBDT issues revised FAQs on Direct Tax Vivad se Vishwas Scheme, 2024. Taxpayer eligible to apply for DTVSV Scheme, 2024…