Tax Relief to income arising from Retirement Funds & Section 89A

Validity of additions u/s 68 on the basis of suspicion if the assessee discharges initial onus of establishing creditworthiness of donors & genuineness of transactions

No opportunity of cross examination given despite categorically demanding it- ITAT deleted the addition

CBDT amends Income Tax rule 2F, rule 8B and introduces new FORM NO. 5B

Constitution of Dispute Resolution Committee & Application for resulutiaon of dispute before Dispute Resolution Panel

Whether mere endorsement of the Bank “payment stopped” is sufficient to entertain the complaint u/s 138 of NI Act?

Auditors may have to explain why they quit

Failure of the AO to issue notice u/s 143(2), prior to finalising the assessment order, cannot be condoned by referring to Section 292BB of the Act.

Stay of demand can be granted even without payment of 20% of the tax demand

Delay in issue of Refund- Why interest should not be recovered erring Officer? – Bombay High Court

Reopening merely on the basis of information without proper efforts to find out the veracity and authenticity of information and corroborative evidence/material thereto is not valid

“Less than 24 hours of Show Cause Notice is violation of the principle of Natural Justice- Writ admitted by the High Court against assessment order.

Whether the sale of a corporate debtor as a “Going concern” in liquidation proceedings includes its liabilities?

Re-assessment notice issued without prior approval of jurisdictional CIT contravenes mandate of Section 151(2) and is invalidate

“Any Sum” appearing in section 68 cannot be taken as parallel to “Any Entry” – ITAT Delhi

The ICSI lauds the efforts of the Government of India 

significant observations and recommendations emanating out of the Performance Audit conducted on ‘Functioning of Unique Identification Authority of India’ by CAG

Crypto Currency –Investability,Legality and Taxability