Year end complainces for CSR – CFOs need to be CSR-Ready for 31.03.2025

Section 40A(3) applies to revenue expenditure, not to capital investment: Delhi HC

Clubbing provisions of minor’s income in case of a divorce:

Rs. 50 Lakh limit for Re-assessment: There is difference between Income and Income Chargeable to tax

ROC Compliance Calendar for Private Limited Companies & LLP

Whether information shared by GST with the IT authorities can be reason for re-assessment?

No addition justified on the basis of Unverified Diary Entries Found During Search without any other Corroborative Evidence

TDS Limit Updates Effective from 1st April 2025

Issues in Filing Waiver Applications (SPL 01/SPL 02)-GSTN Notification

Income less than Rs. 7 Lakh – Reasons & Remedy For tax demand

Adjustment cannot be made in the intimation issued u/s 143(1) without giving an opportunity of being heard to the assessee.

Personal hearing through video conferencing not Provided – Bombay HC quashed the assessment order

Whether the addition under section 50C(1) can fall within the ambit of adjustments provided under section 143(1)(a) of the Act?

Bombay High Court Orders Multi-Agency Investigation into Accommodation Entry Racket

Issue in filling applications (SPL 01/SPL 02) under waiver scheme

Issue in Registration of ISD – An Apt Representation by GSTPA

AIFTP apt representation for timely appeal disposal, expedite hearings, and issue clear guidelines to resolve pendency

Satisfaction of Twin condition (i) an error prejudicial to the interests of the Revenue and (ii) lack of proper inquiry by the Assessing Officer must for invoking revisionary power under section 263