Landmark Judgment: Assessee opting for presumptive income scheme is not under any obligation to explain individual entry of cash deposit in bank

GST: Validity of Detention of goods along with conveyance if E-way Bill is not indicating correct number of vehicle that was carrying the goods

No addition could be made based on the AIR and ledger of the payer without rebutting the contention of assessee that they have not received any sum higher than what has been reported in its books of account

Non attendance by Assessee to result in dismissal of the case

Landmark Judgment: No disallowance u/s 40a(ia) if there is a shortfall in deduction or if deduction is done in wrong section

No notional taxation as “Deemed to be Let Out” of property is Not occupiable

AY 2020-21: Person who jointly owns a single house property allowed to file ITR in ITR-1 or ITR-4 Form

Compulsory Generation Document Identification Number (DIN): An Attempt to control Tax Terrorism & Corruption

The Institute of Chartered Accountants of India (ICAI ) announces the dates of results of CA Intermediate (Old Course & New Course) Examination and Foundation Examination

Books of accounts cannot be rejected for failure to file confirmation from parties: ITAT

Amending the capital Clause in MOA of Companies : Rules & Procedure

Delay in Furnishing Audit Reports is mere Technical Breach, No Penalty: Bangalore ITAT

Supreme court Stays Bombay HC Judgement Quashing LRs Issued by DRI in Adani Coal Import case .

Interest expenditure having direct nexus with interest income is clearly allowable to the assessee

Judgement dated 06.12.2019 passed by Hon’ble Supreme Court in Civil Appeal No. 9237/2019 in the case of M/s Unicorn Industries v. Union of India

No tax if assessee received property on account of family settlement

Loan by a Private Limited Company to its Director or Guarantee by Private Limited Company for the loan taken by its directors or other company

Delayed payment of PF/ESIC Contribution & its deduction in the hands of the employer