SC upheld CIT’s revision under Section 263, ruling ₹3,66,649 as taxable income. The assessment was found erroneous and prejudicial to revenue.
Supreme Court upholds P&H HC ruling: Rule 21(8) of Punjab VAT Rules cannot apply retrospectively. ITC rights are protected before statutory amendment.
The Board of Discipline found CA Satish Kumar not guilty of misconduct related to audit procedure and the failure to obtain NOC from the previous auditor.
Allahabad High Court dismisses the Revenue’s appeal in PCIT Vs Subodh Agarwal, citing mechanical approval under Section 153D of the Income Tax Act.
Board of Discipline finds CA Ved Vrat Bhalla not guilty of misconduct in the case involving false billing and delay in issuing NOC for hospital audit.
ICAI’s Board of Discipline dismissed misconduct allegations against CA Surendra Kumar Rungta regarding his partnership in Shankar Industries.
Summary of CBI’s investigation into CA Gurinder Kumar Garg’s alleged misconduct, involving fraudulent credit facilities causing loss to a bank.
Explore the implications of the New Income Tax Bill 2025, including changes to deductions and losses under Section 58(4), aimed at simplifying tax computation while raising concerns over consistency with existing provisions.
Learn how to balance risk and returns by investing in both debt and equity funds. Build a diversified portfolio to achieve short- and long-term financial goals.
Customs notification introduces regulations for storage and clearance of goods at Authorised Importer premises under the Customs Act, 1962.
