posted: "INCOME TAX : Where a payment was reflected in Form-26AS and was shown to have been made to assessee, it could not be brought to tax if it could not be established that assessee was actual beneficiary of said paymentINCOME TAX : Where a payment was reflect"
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posted: "INCOME TAX : Where assessee failed to file reply to notice-cum-draft assessment order served upon him proposing an addition of huge amount as portal of assessee was not working between 1-6-2021 and 17-6-2021 i.e. last date for filing reply to said order,I"
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posted: "The Income-tax dept. has carried out search operation on a group of four major Steel Rolling Mills based in Jalna, Maharashtra. Group engaged in the business of manufacturing steel TMT bars and billets mostly using steel scrap as raw material. Evidence de"
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posted: "The Institute of Chartered Accountants of India (ICAI) had submitted to National Financial Reporting Authority (NFRA) an Approach Paper for revision of existing Accounting Standards of Companies that are not required to follow Indian Accounting Standards "
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posted: "INCOME TAX : Where Assessing Officer treated cash deposits in assessee's bank account as unexplained investment under section 69 without considering letter from payer company evidencing nature of payments made to assessee, since nature of transaction was "
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posted: "The Director General of Foreign Trade has issued public notice to extend the validity of the existing Hand Book of Procedures, 2015-20 up to 31st March, 2022.The Director General of Foreign Trade has issued public notice to extend the validity of the exis"
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posted: "To provide relief to the taxpayers who were eligible to file application as on 31.01.2021, but could not file the same due to cessation of ITSC vide Finance Act, 2021, the CBDT, vide Press Release, dated 7-9-21 decided that applications for settlement can"
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posted: "The SEBI has approved the framework for Gold Exchange. The new framework's gold-representing instrument will be known as the "Electronic Gold Receipt" (EGR), and it will be registered as "securities" under the Securities Contracts (Regulation) Act, 1956. "
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posted: "The Ministry Of Consumer Affairs, Food And Public Distribution has notified the Central Consumer Protection Authority (Annualreport) Rules, 2021. The norms require the Central Authority to prepare Annual Report in the prescribed Form, giving a true and fu"
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posted: "INCOME TAX : Where pursuant to search/survey at business premises of one BRG Infra, certain documents were found and Assessing Officer recorded his satisfaction that these documents belonged to assessee and action under section 153C was taken, however, sa"
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