Newsletter
Signup our newsletter to get update information, insight or news
Industry News Updates
Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
CBDT committed to speedy processing of Income Tax Returns
Details : Publish Date : Tuesday, September 5, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1150/PressRelease-CBDT-committed-to-speedy-processing-of-ITR-5-9-23.pdf source
Appellant Rightly Penalised for Continued Non-compliances w.r.t. Appointment of Women Director & CS | SAT
Case Details: Shree Pushkar Chemicals & Fertilisers Ltd. v. National Stock Exchange of India Ltd. - [2023] 153 taxmann.com 398 (SAT-Mumbai) Judiciary and Counsel Details Justice Tarun Agarwala, Presiding Officer & Ms Meera Swarup, Technical Member Amit Jaste, PCS & Karan Varma, Adv. for the Appellant. Pradeep Sancheti, Sr. Adv., Rashid Boatwalla, Ms Samiksha Rajput & Sagar Divekar, Advs. for the […]
CIT Can’t Deny Sec. 12AA Registration to ‘Tennis Association’ Based on a Projection of What Might Happen in Future | HC
Case Details: CIT v. Cuttack District Tennis Association - [2023] 153 taxmann.com 395 (Orissa) Judiciary and Counsel Details Arindam Sinha & Sanjay Kumar Mishra, Jj. R.S. Chimanka, Sr. Standing Counsel (IT) & Avinash Kedia, Jr. Standing Counsel (IT) for the Appellant. S. Ray Sr. Adv., Amit Pattanaik & Diganta Dah, Advs. for the Respondent. Facts of the Case Assessee-association applied […]
CBDT releases the fifth annual APA report
Details : Publish Date : Friday, September 1, 2023 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1149/PressRelease-CBDT-releases-the-fifth-annual-APA-report-1-9-23.pdf source
[Analysis] SEBI Launches a Dedicated Bank Account for Seamless Credits to IPEF by Market Participants
Table of Contents Introduction Diverse Payment Options available for funding IPEF Details of remitters to be furnished during the payment processing Comments 1. Introduction Earlier, SEBI vide its Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/135 dated July 23, 2020 had prescribed that as per Regulation 4(2) of SEBI (Investor Protection and Education Fund) Regulations, 2009, any amount collected by […]
[Opinion] Do’s and Don’ts for Trust Audit in Form 10B and Form 10BB
CA Chunauti H. Dholakia – [2023] 154 taxmann.com 65 (Article) Notification 07/2023 dated 21st February, 2023 issued by CBDT made drastic change in reporting format for Form 10B and 10BB. Applicability of such form has been shifted from the section under which it is registered to amount of total income of the trust. Form 10B […]
No Sec. 263 Revision if View Taken by AO Was Plausible View Supported by CBDT Circular No. 16/2017 | ITAT
Case Details: Agrani Buildestate v. Principal Commissioner of Income-tax - [2023] 153 taxmann.com 300 (Jaipur-Trib.) Judiciary and Counsel Details Sandeep Gosain, Judicial Member & Rathod Kamlesh Jayantbhai, Accountant Member Rajeev Sogani, CA for the Appellant. A.S. Nehra, Addl. CIT for the Respondent. Facts of the Case Assessee-firm was engaged in the business of letting out properties. Since income […]
Income-tax (Nineteenth Amendment) Rules, 2023
Publish Date : Monday, August 28, 2023 source
93% of Rs 2000 Banknotes in Circulation Returned to Banks Till August 31, 2023 | RBI
Press Release: 2023-2024/851, Dated: 01.09.2023 Earlier, RBI had announced the withdrawal of Rs 2000 banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which amounted to Rs 3.62 lakh crore on 31.03.2023 had declined to Rs 3.56 lakh crore as at the close of business on May 19, 2023. According to the […]
Let a Dedicated Tax Expert Do Your Taxes For You.
Get A Consultation
We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.