SEBI issues guidelines for safer participation of retail investors in Algorithmic trading. Safer participation of retail investors in Algorithmic trading. Any order that is generated using automated execution logic is known as Algorithmic Trading. Generally, the features of algorithmic trading (‘algo  trading’) include  using  a  defined  set  of …

Central Bank of India Concurrent audit online empanelment for financial year 2025-26. Last Date for filing Online Applications is 15.02.2025 Central Bank of India Concurrent audit online empanelment 2025-26 Central Bank of India invites online applications from practicing CA Firms and Ex-Staff for assigning concurrent audit of its …

Application invited for empanelment of advocates in Income Tax Department Gujarat Income Tax Department Gujarat has invited applications from practicing advocates to represent the Income tax department, Gujarat before the Courts of Sessions and its Subordinate Courts in Prosecution cases. Applications have been invited from practicing advocates, having …

Mere affidavits of family members not enough claim benefit of CBDT Instruction No. 1916 dated 11.05.1994 in respect of jewellery belonging to family members. In a recent judgment, the ITAT Delhi has held that by simply filing affidavits of the family members to contend that jewellery belonged them …

Penalty u/s 271D not automatic. AO is required to find out that even if there was any failure, the same was without a reasonable cause. In a recent judgment, the Bangalore ITAT has deleted penalty u/s 271D for violation of provisions of section 269SS observing that Levy of …

Opinion rendered by audit party alone can not be considered as belief of escapement of income which must be made directly and solely by the Income Tax Officer. In a recent judgment, the Hon’ble Supreme Court dismissed SLP of the Revenue against the judgment of the Bombay High …