• Income Tax

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc.

12 months ago

Agriculture income cannot be worked out on the basis of sale bills, purchases of pesticides etc., but on the basis…

  • Income Tax

CBDT amends Rule 12CA/12CC for due dates of statement to be filed u/s 115UA/115TCA

12 months ago

CBDT amends Rule 12CA/12CC regarding due dates of statement to be filed u/s 115UA / 115TCA for payments of income…

  • Income Tax

Addition deleted as no difference was in quantity of jewellery found & declared in wealth tax return

12 months ago

Addition u/s 69A deleted as there was no difference in the quantity of jewellery found during search and jewellery declared…

  • Income Tax

AO to give full credit of TDS as per Form 26AS though full TDS not filled in ITR

12 months ago

It is incumbent upon AO to give full credit of TDS as per Form 26AS though full TDS could not…

  • Income Tax

Penalty u/s 271DA deleted for receiving cash from farmers against sale of tractors

12 months ago

Penalty u/s 271DA deleted for receiving cash above Rs. 2 lakhs from farmers against sale of tractors.  In a recent…

  • Bank

Bank can’t freeze account of company because its director having a matrimonial dispute

12 months ago

Bank can’t freeze account of company because director of company was facing a matrimonial dispute with his wife - High…

  • Income Tax

Penalty u/s 271E deleted for cash repayment of unsecured loan to founder director

12 months ago

Penalty u/s 271E deleted for repayment in cash unsecured loan taken from founder director to meet expenses when bona-fide of…

  • Empanelment

Nainital Bank empanelment of CA firms for concurrent audit for FY 2025-26

12 months ago

Nainital Bank empanelment of chartered account firms for concurrent audit for FY 2025-26 Nainital Bank invites application for empanelment of…

  • CA CS CMA

Mere act of dishonor of cheques issued by a CA would not amount to misconduct – High Court

12 months ago

Mere act of dishonor of cheques issued by a chartered accountant would not amount to misconduct – High Court In…

  • bankruptcy

Writ jurisdiction can’t preclude statutory mechanism & procedure under IBC – SC

12 months ago

High Court incorrectly exercised writ jurisdiction to preclude statutory mechanism and procedure under IBC from taking its course –Supreme Court…