Escapement of income u/s 147 has to be established with concrete information under amended Act– High Court In a recent judgment Hon’ble High Court has made an extensive comparison of the amended provisions of income tax act 1961 with respect to escapement of income and held that under …

Explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) – ITAT In a recent judgment the ITAT has held that explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) of the Income Tax Act, 1961 (the …

RFP for appointment of Concurrent Auditor in DICGC for FY 2024-25- Last date : 11/03/2024 Deposit Insurance and Credit Guarantee Corporation (DICGC) has invited e-tender for appointment of a chartered accountants firm as Concurrent Auditor for FY 2024-25. The bids are invited through e-tender on portal of MSTC …

Prosecution u/s 276C and 278B upheld for not declaring income surrendered during search in return filed in response to notice u/s 153A In a recent judgment the Sessions Court has upheld the prosecution under section 276C and 278B of the Income Tax Act, 1961 (the Act)  for not …

Application for appointment of Young Professional at O/o Regional Director (ER) MCA, Kolkata Regional Director, (ER) MCA Kolkata has invited applications for engagement of Company Secretaries as Young Professionals. The details of the offer and deadline is as under:  Registration Commencing on : Tuesday, 20th February 2024 Last date …

MCA enables Form CRF on V3 Portal for purposes like Master Data correction and to comply with certain directions of Courts/Tribunals MCA has issued a circular informing the deployment and usage of Change Request Form (CRF) on MCA-21. MCA has deployed a new e-form i.e. Change Request Form …