Seller is not responsible for verification of Form 27C for obtaining goods without Collection of Tax at Source if it is duly filed in and signed by the declarant and forwarded within the prescribed time limit  In a recent judgment, the Hon’ble Jharkhand High Court has declined to …

Chamoli Zila Shakari Bank Limited, Gopeshwar has invited Expression of Interest from Chartered Accountant Firms for Concurrent Audit, IS Audit and GST Audit. Chamoli Zila Shakari Bank, Gopeshwar has invited Expression of Interest from Chartered Accountant Firms for Concurrent Audit, IS Audit and GST Audit. At present the …

Karnataka Vikas Grameena Bank invites application for concurrent audit from Chartered Accountant Firms for FY 2025-26 Karnataka Vikas Grameena Bank is a leading Regional Rural Bank owned by Government and Sponsored  by Canara Bank, having 629 branches across Dharwad, Belagavi, Haveri, Gadag, Bagalkot, Vijayapur, Udupi, Uttara Kannada and …

TCS provisions are not applicable to timber being sized, sawn into logs of different dimensions and shapes in activities carried on saw mills authorised by the Government. In a recent order, the Hon’ble Supreme Court dismissed the SLP of the Income Tax Department against the judgment of the …

Addition deleted for contingent liability stated in tax audit report but which was not debited to the P&L Account In a recent judgment, ITAT Kolkata upheld the order of CIT(A) deleting the addition made by CPC for contingent liability stated in tax audit report but which was not …

Mere failure of partner to respond to notice u/s 133(6) does not ipso facto establish that the capital is unexplained – ITAT upheld deletion of addition u/s 68 In recent case, ITAT Ahmedabad has upheld that the failure of the partner to respond to a notice under section …