Stay informed about the Office of C&AG’s new audit criteria for Chartered Accountant firms/LLP in 2024-2025. Learn about location-based considerations and partner stationing
Explore SEBI’s clarification on non-promoter equity warrant transfer rules in this in-depth analysis. Uncover the regulatory provisions and restrictions governing post-lock-in transfers, ensuring informed decision-making.
Delhi High Court sets aside an assessment order in a case involving wrongful allegations of non-current investments made in share application money of an entity.
Delhi High Court’s verdict on the application of Section 264 of the Income Tax Act. The court allows correction of deduction claims overlooked by the assessee in a revisionary move.
ITAT Chennai approves Section 11 exemption for voluntary school corpus donations from parents. Get insights into this tax case.
Delhi High Court sets aside Income Tax transfer orders for administrative convenience. Highlights the need for speaking orders with reasons and DIN compliance.
The Supreme Court of India dismisses the SLP against tax recovery due to a low amount below Rs.2 crores, following CBDT Circular 17/2019.
Read the full text of the ITAT Delhi order in the case of Economical Credit & Construction Co. Pvt. Ltd vs. ITO regarding income from land sale tax dispute.
Read the Kerala High Court’s judgment on Section 220(2) of the Income Tax Act and its non-retrospective effect on tax interest in Catherine Thomas vs. Principal Chief Commissioner of Income Tax.
The ITAT Kolkata has deleted the penalty in Prem Kumar Goutam vs. DCIT, ruling that the AO cannot demand a Profit and Loss Account for Section 44AD income. Get the details.
