• Income Tax

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

12 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

12 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

12 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)

12 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

12 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

12 months ago

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

  • Income Tax

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

12 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

12 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

12 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

12 months ago

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