• Income Tax

Penalty u/s 271D deleted due to ‘reasonable cause’ as income was exempt u/s 10(26)

1 year ago

Penalty u/s 271D deleted due to ‘reasonable cause’ as assessee belonged to Schedule Tribe and income earned by him was…

  • SEBI

SEBI issues guidelines for safer participation of retail investors in Algorithmic trading

1 year ago

SEBI issues guidelines for safer participation of retail investors in Algorithmic trading. Safer participation of retail investors in Algorithmic trading.…

  • Concurrent Audit

Central Bank of India Concurrent audit online empanelment FY 2025-26. Last Date 15.02.2025

1 year ago

Central Bank of India Concurrent audit online empanelment for financial year 2025-26. Last Date for filing Online Applications is 15.02.2025…

  • Income Tax

Application invited for empanelment of advocates in Income Tax Department Gujarat

1 year ago

Application invited for empanelment of advocates in Income Tax Department Gujarat Income Tax Department Gujarat has invited applications from practicing…

  • Income Tax

Mere affidavits of family members not enough claim benefit of CBDT Instruction No. 1916/1994

1 year ago

Mere affidavits of family members not enough claim benefit of CBDT Instruction No. 1916 dated 11.05.1994 in respect of jewellery…

  • Income Tax

Penalty u/s 271D not automatic. AO should find if there was no reasonable cause

1 year ago

Penalty u/s 271D not automatic. AO is required to find out that even if there was any failure, the same…

  • Income Tax

Audit party’s opinion not belief of escapement of income – SC dismisses SLP

1 year ago

Opinion rendered by audit party alone can not be considered as belief of escapement of income which must be made…

  • Income Tax

Source of cash deposit being savings and family support plausible to certain extent – ITAT

1 year ago

Source of cash deposit being savings and family support plausible to certain extent –ITAT deleted addition on account of cash…

  • Income Tax

TDS sections for which payment threshold reduced by Budget 2025-26. See Table

1 year ago

TDS sections for which payment threshold reduced by Budget 2025-26. See Table The Finance Bill 2025 has increased payments threshold…

  • Income Tax

Removal of higher TDS/TCS u/s 206AB / 206CCA CCA for non-filers of return of income

1 year ago

Removal of higher TDS/TCS u/s 206AB / 206CCA CCA for non-filers of return of income w.e.f. 01.04.2025 Section 206AB of…