Income Tax

CBDT issues circulars issuing Order u/s 119 for condonation of various Forms  

Recent Posts

  • GST

A bland statement of ‘fraud or concealment of facts” in GST Notice u/s 74 not sufficient – SC

In GST Notice u/s 74, allegations should emanate from itself, a bland statement of ‘fraud or concealment of facts” not…

17 hours ago
  • Income Tax

For claiming deduction u/s 57(iii), test is of purpose and connection, not actual yield – ITAT

For claiming deduction u/s 57(iii) a reasonable and intelligible nexus should be established between the expenditure incurred and the income…

18 hours ago
  • Income Tax

Unless medical certificate are held forged & fictitious, appeal can’t be rejected on ground of delay

Where medical certificate not held to be forged and fictitious, rejecting appeal on ground of delay unjustified In a recent…

1 day ago
  • DGFT

One Star Export House status allowed based on export performance in two FYs

FTP 2023 amended to allow One Star Export House status to applicants (other than for Gems & Jewelry Sector) based…

2 days ago
  • Income Tax

Agricultural land is outside the deeming provision u/s 56(2)(x) – ITAT

Agricultural land is outside the definition of capital asset, therefore, the deeming provision u/s 56(2)(x) cannot be invoked - ITAT…

2 days ago
  • Income Tax

NSDL latest e-TDS TCS RPU Version 1.2 for Tax Year 2026-27 – Download

NSDL latest e-TDS TCS RPU version 1.2 for Tax Year 2026-27 NSDL has revised the e-TDS TCS RPU utility for…

2 days ago