News

ITAT Raipur held that addition towards cash deposited during demonization period partly set aside based on CBDT Instruction ...
The Jammu & Kashmir High Court addressed a writ petition filed by Faisal Construction Company concerning the restoration of ...
The Bombay High Court addressed a petition filed by Amjad Ahmed Shaikh challenging income tax notices and orders issued in ...
From the 1990s, both in the UK and the USA, focus started shifting to Corporate Governance, with accounting scandals leading ...
NPCI has enhanced the NACH mandate cancellation process, allowing any sponsor bank (banks mapped to a corporate) to initiate cancellations, removing dependence on the registered sponsor bank for ...
Pune, has allowed the appeal of Sandesh Vasantrao Pawar against the order of the National Faceless Appeal Centre (NFAC), Delhi, pertaining to the assessment year 2013-14. The NFAC’s order, dated July ...
The core issue was the legitimacy of the reassessment initiated under Section 147 of the Income Tax Act, 1961, and additions made towards Long Term Capital Gain (LTCG) on the sale of shares. The ...
As per Regulation 2 (1) (zb) of SEBI LODR, 2015 Related Party means a Related Party as defined u/s 2 (76) of the Companies Act, 2013 or under applicable accounting standards 2. Key Managerial ...
India has mainly concentrated on bilateral (between two nations) and regional (between several neighbouring countries) trade agreements in addition to the WTO. This change came into effect during ...
The ITAT, upon reviewing the case, found that the assessee had provided substantial evidence, including bank statements, loan disbursement details, and records of agricultural produce sales, to ...
Ahmedabad addressed appeals filed by Shree Sarvodaya Sahakari Mandali Ltd. concerning the eligibility of interest earned from co-operative bank deposits for deduction under Section 80P of the Income ...
The ITAT concluded that even if the society’s interest income was from both cooperative societies and cooperative banks, it would still qualify for the deduction under Section 80P (2) (d). Therefore, ...