ITAT upheld additions towards cash seized during search proceedings as unexplained money, under Section 69A when assessee could not establish source for amount found.
ICAI removes name of 13 members wef 24th March 2023 for Professional and Other Misconduct vide notification issued by it on 24.03.2023 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI NOTIFICATION (CHARTERED ACCOUNTANTS) New Delhi, the 24th March, 2023 No. PPR/P/412/17-DD/190/INF/18-BOD/580/2020:In terms of the provisions of Section 21A(3) of the Chartered Accountants Act, 1949 […]
These rules may be called Legal Metrology (Packaged Commodities) Amendment (Amendment) Rules, 2023. They shall come into force from 27th January, 2023.
Discover the key features of the Government of Tamil Nadu Budget 2023-24, covering grants, infrastructure projects, welfare schemes, and financial allocations for various sectors, contributing to the state’s development and progress.
Explore the significance of Cash Flow Statement in financial reporting, following IAS 7/IND AS 7. Learn about its components, classifications, and definitions, essential for understanding a company’s liquidity and decision-making process.
Understand Section 194P of the Income Tax Act, 1961, facilitating easy filing of income tax returns for senior citizens aged 75 and above with only pension and interest income. Learn how to avail of TDS deduction benefits and simplify the tax filing process.
Explore the Bar Council of Indias new rules allowing foreign lawyers and law firms to practice foreign law in India. Learn about the impact on Indian lawyers and the restricted areas of practice.
Explore the mandatory audit trail requirement for all companies from April 1, 2023. Learn about the amendments, implications, and responsibilities for companies and auditors.
Explore Inflation Adjusted Bonds Meaning, Interest Calculation, Index Used, Benefits, and Taxation. Learn how these bonds safeguard against inflation and their tax implications.
Discover surprising elements in your Annual Information Statement (AIS) for Income Tax. Understand the AIS categories, transactions, and how to access, denying incorrect information. Stay informed for accurate income tax filing.
