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Latest Articles


Landmark Rulings on Reassessment u/s 148 – Post 2021 Amendments

Income Tax : Explore key court rulings on reassessment under Section 148 post-2021 amendments, covering procedural changes, taxpayer rights, an...

February 7, 2025 2571 Views 0 comment Print

Central-State Taxation Conflicts in India: Challenges & Policies

Finance : Explore the complexities of India's central-state taxation conflicts, fiscal policies, and solutions to improve tax allocation and...

December 23, 2024 843 Views 0 comment Print

SC upheld Constitutional Validity of TOLA which Extends Income Tax Reassessment Time limit

Income Tax : The Supreme Court upholds TOLA, validating extended income tax reassessment timelines despite previous High Court rulings on Secti...

October 5, 2024 6621 Views 0 comment Print

Legality of Moonlighting: An Analysis Under Indian Labour Laws

Corporate Law : Explore the complexities of moonlighting under Indian labor laws, its implications, and the perspectives of various sectors on dua...

August 8, 2024 2241 Views 0 comment Print

Aligning ESG Compliance With SDGS: Addressing The Lacunae

SEBI : Explore how aligning ESG compliance with SDGs can bridge gaps in corporate sustainability, ensuring a holistic approach to environ...

July 9, 2024 687 Views 0 comment Print


Latest News


Celebrating Income Tax Day 2024: A Journey of Transformation

Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...

July 23, 2024 276 Views 0 comment Print

Representation on Incorrect/Delay In Submitting Application U/S 12A(1)(ac)

CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...

April 8, 2024 10179 Views 1 comment Print

Parliament’s Interim Budget Session 2024 Concludes Successfully

Finance : Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....

February 12, 2024 642 Views 0 comment Print

Centre’s Advisory Amid COVID Surge: States Urged for Vigilance & Genome Sequencing

Corporate Law : Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and incre...

December 19, 2023 516 Views 0 comment Print

ICAI BoS Live Learning Classes for CA Final & Intermediate May 2024 Exams

CA, CS, CMA : Join free BoS Live Learning Classes by ICAI for CA Final & Intermediate courses appearing in May 2024 exams. Get expert guidance a...

September 21, 2023 9807 Views 0 comment Print


Latest Judiciary


ITAT Pune Quashes Income Tax Penalty for Non-Compliance During COVID-19

Income Tax : ITAT Pune cancels penalty imposed on Balbir Kaur Birdie for non-compliance with tax notices, citing reasonable cause due to COVID-...

February 20, 2025 984 Views 0 comment Print

ITAT Rajkot Condones 107-Day Delay in Appeal Due to Health Issues & Covid-19

Income Tax : ITAT Rajkot allows a 107-day delay in filing an appeal due to the assessee’s health issues and Covid-19, remanding the case to t...

February 9, 2025 162 Views 0 comment Print

ITAT Orders Recalculation of Limitation Excluding COVID-19 Period

Income Tax : ITAT Lucknow directs CIT(A) to reconsider limitation issue in Bharat Shetty’s case, factoring in COVID-19 period for a fresh dec...

February 1, 2025 246 Views 0 comment Print

Provisions of SICA would override provisions of Income Tax Act: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad held that provisions of Sick Industrial Companies Act [SICA] would override the provisions of Income Tax Act. Thus,...

January 17, 2025 402 Views 0 comment Print

Patna HC Dismisses Petitions on validity of GST Orders/Notices Limitations

Goods and Services Tax : Patna High Court rules on extension of limitation for GST assessment orders in Barhonia Engicon Pvt Ltd case, addressing pandemic-...

November 29, 2024 4176 Views 0 comment Print


Latest Notifications


Extension of time limit for compliance under section 54 to 54GB

Income Tax : For claiming exemption Section 54 to 54 GB of the Act, for which last date falls between 01st April. 2021 to 28th February, 2022 m...

January 6, 2023 20385 Views 1 comment Print

No CS was willing to join hospital after Covid-19 pandemic – Penalty reduced

Company Law : After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the ...

November 10, 2022 810 Views 0 comment Print

CBDT notifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased

Income Tax : CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide N...

August 5, 2022 2703 Views 0 comment Print

Amount received for Covid-19 Treatment from any person- CBDT notifies conditions & Forms

Income Tax : Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum...

August 5, 2022 1875 Views 0 comment Print

Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment

Income Tax : CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No...

August 5, 2022 1635 Views 0 comment Print


Maharashtra permits opening of Gymnasiums from 25.10.2020

October 23, 2020 924 Views 0 comment Print

In the entire State, Gymnasiums outside the containment zones will be allowed to function from 25th October, 2020. The SOP for the same will be issued by the Public Health Department. The Public Health Department will take into consideration the SOP issued by the Ministry of Health and Family Welfare, Government of India.

Extend due date of Tax Audit, ITR Filing & Relevant compliances

October 23, 2020 53898 Views 3 comments Print

Request for extension of time for submission of tax audit reports  U/S 44AB of the Income Tax Act,1961 for the A.Y.2020-21 and for extension of time for submission of income tax returns u/s 139(1) for A.Y.2020-21 and other consequential Income Tax compliances.

Extend due date of ITC Claim & GSTR 9, GSTR 9A, GSTR 9C

October 23, 2020 54498 Views 4 comments Print

Direct Taxes Professionals’ Association requested Hon’ble Finance Minister to allow filing of GSTR 9, 9A and 9C for the F.Y. 2018-19 at least till 31st December 2020 and to waive the late fees and penalty till then, extend time limit to claim credit on the invoices pertaining to FY 2019-20 as envisaged in Section 16(4) […]

Extend Due dates of GST Annual Returns & Income Tax audit

October 23, 2020 59397 Views 2 comments Print

Bhartiya Udyog Vyapar Mandal has made a representation for Extension of Due date of GST Annual Returns and Income Tax audits and compliance of Notices to Honble Union Finance Minister, Smt. Nirmala Sitharaman. Text of the Representation is as follows:- BHARTIYA UDYOG VYAPAR MANDAL Smt. Nirmala Sitharaman Honble Union Finance Minister North Block, Raisin Hills […]

Extend due date for filing Tax Audit Report & Return

October 22, 2020 82452 Views 7 comments Print

All Odisha Tax Advocates Association (AOTAA) requested to consider the genuine difficulties of the Tax Payers and Tax Professionals and to extend the due date of filing of the Tax Audit Reports for the A.Y. 2020-2021 from 31st October, 2020 to 31st March, 2021 and for filing the income tax returns from 30th November, 2020 […]

Prior govt approval needed for FDI from countries sharing land border with India

October 21, 2020 1773 Views 0 comment Print

Even the minute investment from countries sharing land border with India shall require prior approval from government…??? Impact on Indian Economy. It is expected that the government will soon issue more stringent guidelines w.r.t investment from countries sharing land border with India. Amid Covid-19 and rising tensions at the India-China border, government held an internal […]

Extend due date for submitting Tax Audit Report & filing IT Returns

October 17, 2020 2481 Views 0 comment Print

Tax Bar Association, Kota has made a request for Extension of due date for submitting Tax Audit Report and for filing IT Returns to 31st March 2021 to ameliorate the difficulties faces by the assessee in this corona period. Tax Bar Association, Kota Hon’ble Smt. Nirmala Sitharaman Ji Union Minister of Finance, Ministry of Finance, […]

Extend due date to submit Tax Audit Report & IT Returns

October 17, 2020 1506 Views 0 comment Print

Tax Bar Association, Alwar has made request for Extension of due date for submitting Tax Audit Report and for filing IT Returns of F.Y. 2019-20 to 31st March 2021. Tax Bar Association, Alwar Date 08.10.2010 Hon’able smt. Nirmala Sitaraman ji Union Minister of Finance, Ministry of Finance, Govt. of India. North Block, New Delhi.110001 Email […]

Further extend due dates for filing of both ITR & TAR

October 17, 2020 2496 Views 0 comment Print

Udaipur Tax Bar Association requested for Further Extension of due dates for filing of both Income Tax Returns (ITR) & Tax Audit Reports (TAR) for F.Y. 2019-20 (A.Y. 2020-21) UDAIPUR TAX BAR ASSOCIATION 10.10.2020 Hon’able Smt. Nirmala Sitaraman Union Finance Minister, Ministry of Finance, Govt. of India, North Block, New Delhi — 110001 Email ID […]

Extend due date for submitting Tax Audit Report & IT Returns

October 17, 2020 1350 Views 0 comment Print

We therefore requested that CBDT shall also exercise discretionary power vested u/s 119 of I.T Act 1961 by extended the due date to 31st March 2021 to ameliorate the difficulties faced by assessee in this corona period.

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