ITAT Delhi modifies the net profit addition after book rejection, limiting the increase to ₹1 lakh instead of ₹4 lakh for AY 2020-21.
RBI invites public comments on draft circular regarding foreclosure charges and pre-payment penalties on loans. Stakeholders can submit feedback by March 21, 2025. Final circular issuance to follow public consultation.
Learn how to open a Demat account and invest in IPOs. Understand IPO basics, investor categories, key factors, and the step-by-step application process.
Delhi HC rules AO functus officio post-assessment, quashing reassessment notice against Vivo India for lack of due process and violation of natural justice.
ITAT Ahmedabad ruled that mere suspicion cannot justify tax additions, deleting an Rs. 18 lakh addition in a property investment dispute.
Calcutta High Court dismissed a plea challenging an SCN under the CGST Act, citing availability of a statutory appeal remedy under Section 107.
ICAI announces free live virtual classes for CA Intermediate students appearing in Sep 2025/Jan 2026. Sessions start on Feb 24, 2025. Check schedule here.
Nainital Bank seeks Chartered Accountant firms for concurrent audit empanelment. Apply by February 28, 2025. Details at nainitalbank.co.in.
SEBI proposes to expand the definition of Qualified Institutional Buyers to include Accredited Investors for Angel Fund investments. Public comments invited by March 14, 2025.
Karnataka High Court held that TDS is not deductible on payment to non-residents for advertisements in several social medias like Facebook, Amazon Web Services and Rocket Science Group. Accordingly, appeals are dismissed.
