ITAT directed AO to serve notice of hearing both through electronic and physical mode upon the assessee  In a recent case, the ITAT has directed AO to serve notice of hearing both through electronic and physical mode as the assessee was a non-return filer and did not know …

ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024 ICAI, has decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice in a year in the month of May/June, September and January from the existing practice of …

Extension of due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 CBDT has further extended due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 Earlier also the CBDT on consideration of difficulties reported by the taxpayers and other …

High Court sets aside revisionary order purportedly passed earlier but dispatched after written Submissions were filed  In a recent judgment, Hon’ble High Court has set aside the revisionary order u/s 264 which purported passed earlier but dispatched only after the written submissions were filed by the assessee. ABCAUS …

Assessment u/s 147 on the basis of seized material found during search of third party void ab-initio – ITAT In a recent judgment, ITAT has quashed the re-assessment order passed u/s 147 holding that when incriminating material is seized belonging to person other than searched, assessment has to …

TDS/TCS deductors given relief for non deduction of TDS at higher rate for inoperative PANs CBDT has issued Circular No. 6 of 2024 dated 23.04.2024 giving relief to TDS/TCS deductors for non deduction of TDS u/s 206AA / 206CC at higher rate for inoperative PANs. As per CBDT …