administrator

  • Income Tax

Commonality of directors of companies does not mean deposits received was bogus

Merely because directors of two companies were common not mean that deposits received was bogus and companies were shell companies…

19 hours ago
  • ITAT

Application though named as rectification but if tax is not legitimate, it also touches merit: HC

Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…

23 hours ago
  • Income Tax

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of FMV

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of current FMV to be further…

1 day ago
  • Income Tax

AO was directed to serve notice of hearing through physical mode upon assessee 

ITAT directed AO to serve notice of hearing both through electronic and physical mode upon the assessee  In a recent…

1 day ago
  • ICAI

ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024

ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024 ICAI, has decided that from…

1 day ago
  • Income Tax

Further extension of due date for filing of Form No. 10A/10AB to 30.06.2024 – CBDT Circular

Extension of due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 CBDT has further extended…

2 days ago
  • Income Tax

Revisionary order purportedly passed earlier but dispatched after written Submissions quashed 

High Court sets aside revisionary order purportedly passed earlier but dispatched after written Submissions were filed  In a recent judgment,…

2 days ago
  • Income Tax

Assessment u/s 147 based on seized material found during search of third party void ab-initio

Assessment u/s 147 on the basis of seized material found during search of third party void ab-initio - ITAT In…

2 days ago
  • Income Tax

TDS deductors given relief for non deduction of TDS at higher rate for inoperative PANs

TDS/TCS deductors given relief for non deduction of TDS at higher rate for inoperative PANs CBDT has issued Circular No.…

3 days ago
  • Income Tax

Reassessment order quashed due to error in personal hearing video conferencing link

Reassessment order quashed as assessee could not join the link of personal hearing through video conferencing due to technical failure…

3 days ago