News

Unregistered vendors in Bangalore and Mysuru face GST notices based on UPI transactions, leading to digital payment rejections and protests. Karnataka launches 'Know GST' to address ...
ICAI reprimands CA Pawan Goel for not filing mandatory ADT-3 form post-resignation from Taproot Farms Pvt Ltd, citing procedural ...
ITAT Ahmedabad held that once the books of accounts stood rejected under section 145(3) of the Income Tax Act and profits estimated, there cannot be addition on account of unexplained cash credit u/s.
ICAI disciplinary panel reprimands CA Rajendra Sharma, imposes ₹50,000 fine for professional misconduct in audit of a company, with possible ...
ITAT Delhi held that doubting the whole transaction of sale of shares as sham transaction merely on the basis of discrepancy in the record maintained by ROC not justifiable. Accordingly, appeal ...
ITAT Mumbai held that no addition can be made on the ground that notices issued u/s 133(6) of the Act were not replied. Accordingly, deletion of addition by CIT(A) is justified and appeal of ...
Gujarat High Court held that in view of the retrospective amendment u/s. 112(1)(c)(iii) of the Income Tax Act the assessee is eligible to pay tax at lower rate @10% instead of 20% on sale of unlisted ...
Bombay High Court held that that the stage which has been contemplated under Section 44(1)(c) of the Prevention of Money Laundering Act, 2002 [PMLA, 2002] will be after the jurisdictional Court has ...
Learn about active income tax refund scams, how to identify fake emails, and essential steps to protect your financial ...
Avoid rejection of 12AB / 80G applications. Understand relevant sub-clauses, registration types, and recent amendments for ...
Learn how Section 54F can help you save tax on long-term capital gains from assets like land or gold by investing in a ...
An ICAI disciplinary committee removed a CA from the register for 90 days and fined him Rs. 20,000 for gross negligence and false declarations in incorporating 15 companies and LLPs with fabricated ...