Three CBI Courts designated as Special Courts under PMLA in the State of West Bengal MINISTRY OF FINANCE(Department of Revenue)NOTIFICATION New Delhi, the 1st July, 2024 S.O. 2515(E).—In exercise of powers conferred by sub-section (1) of section 43 of the Prevention of Money Laundering Act, 2002 (15 of …
Addition u/s 40A(3) for cash payment to labour for loading charges deleted by ITAT In a recent judgment, the ITAT Cuttack has deleted additions u/s 40A(3) for cash payments to labourers for loading charges holding that labourers out of common knowledge would not accept payments through banking channels …
Addition u/s 68 deleted as AO failed to find any discrepancy in details of creditors submitted by the assessee In a recent judgment, the ITAT Guwahati deleted penalty u/s 68 as the Assessing Officer (AO) failed to find any discrepancy in the details of creditors submitted. ABCAUS Case …
Jharkhand Rajya Gramin Bank – Empanelment of retired officers of banks as Concurrent auditors on contract basis Jharkhand Rajya Gramin Bank is inviting applications from retired officers of Bank for the post of concurrent auditors on contract basis, details of which are as under: 1) Name of the …
Book Profit u/s 115JB to be computed as per Profit & Loss Account prepared under Schedule III of the Companies Act, not on profit arrived on cash basis of accounting In a recent judgment, the ITAT Delhi has held that book profit u/s 115JB is to be computed …
Order not in conformity of Faceless Assessment Scheme 2019 if not est? – ITAT remands the case in view of amendment to section 144B In a recent judgment, the ITAT Indore has remanded the case to the file of Assessing Officer (AO) the challenge to validity of assessment …