• Income Tax

CBDT exempts International Financial Services Centre from TCS u/s 206C (1H)

12 months ago

CBDT exempts International Financial Services Centre (IFSC) from TCS under sub-section (1H) of u/s 206C Sub section (1H) of Section…

  • Income Tax

Addition of income or levy of taxes or denial of exemption, burden of Revenue Authority – ITAT

12 months ago

Addition of income or levy of taxes or denial of exemption would be a burden of the Revenue Authority –…

  • Income Tax

Revenue cannot approbate and reprobate at the same time-ITAT deleted addition

12 months ago

Revenue cannot approbate and reprobate at the same time-ITAT deleted addition of commission on alleged bogus sale and purchase In…

  • RBI

Borrower’s consent not required for credit information sharing by banks

12 months ago

Borrower’s consent not required for credit information sharing by banks. RBI issues the Master Direction – Reserve Bank of India…

  • CA CS CMA

ICAI debars seven chartered accountants for professional misconduct

12 months ago

ICAI debars seven chartered accountants for charges of professional misconduct ICAI has held seven Chartered Accountants guilty of committing Professional…

  • Empanelment

Online Empanelment of CA firms/LLPs with CAG for 2025-26 year from 07.01.2025 to 17.02.2025

12 months ago

Online empanelment of CA firms / LLPs firms with CAG for the year 2025-26 to be available on CAG website…

  • Income Tax

Deduction u/s 80JJAA allowed by submission without filing revised return of income

12 months ago

ITAT allows deduction for employment of new workmen u/s 80JJAA by way of submission despite not filing revised return of…

  • Income Tax

Addition u/s 68 deleted for cash collection from exhibition of films in theaters

12 months ago

Addition u/s 68 for cash collection from exhibition of films in the theaters deleted as the amount was duly recorded…

  • GST

ITC for goods  delivered  by  supplier  at  his  place  of business under Ex-Works Contract

12 months ago

ITC for goods  delivered  by  supplier  at  his  place  of business under Ex-Works Contract CBIC has issued Circular No. 241/35/2024-GST…

  • GST

Place of supply of Online Services to unregistered recipients – Clarification by CBIC

12 months ago

CBIC Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients CBIC has…