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Taxscan Team

Taxscan Team

    SEBI Amends Mutual Funds Regulations to Include Transfer of Dividend and Redemption Proceeds [Read Notification]

    SEBI Amends Mutual Funds Regulations to Include Transfer of Dividend and Redemption Proceeds [Read...

    Taxscan Team
    Assessment & Cancellation of Registration for Non-Filing of GST Returns: Tamil Nadu Issues Instructions [Read Circular]

    Assessment & Cancellation of Registration for Non-Filing of GST Returns: Tamil Nadu Issues...

    Taxscan Team
    Non-Response to Re-Assessment Notice will not Attract Penalty under Income Tax Act: ITAT [Read Order]

    Non-Response to Re-Assessment Notice will not Attract Penalty under Income Tax Act: ITAT [Read...

    Taxscan Team
    Sale Proceeds of Car Parking Spaces being an Integral Part of Housing Project eligible for Income Tax Deduction: ITAT [Read Order]

    Sale Proceeds of Car Parking Spaces being an Integral Part of Housing Project eligible for Income...

    Taxscan Team

    No TDS on Commission paid to Partner by Firm: ITAT [Read Order]

    The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that commission paid to partners is not covered under Section 194H of the Income Tax Act and therefore, the same is not subject to TDS...

    No TDS on Commission paid to Partner by Firm: ITAT [Read Order]
    Taxscan Team

    Centre Re-Appoints Smt. Revathy Iyer as Board of Directors of NABARD [Read Notification]

    The Central Government has re-appointed Smt. Revathy Iyer, Director, Central Board of Reserve Bank of India (RBI) on the Board of Directors of National Bank for Agriculture and Rural Development...

    Centre Re-Appoints - Smt. Revathy Iyer - Board of Directors of NABARD - NABARD- Taxscan
    Taxscan Team

    Onus is on Assessee to establish that Expenditure was incurred for Business: ITAT [Read Order]

    The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), held that onus is on assessee to establish that expenditure was incurred for business. The assessee company, Green Twig Estate...

    Onus is on Assessee to establish that Expenditure was incurred for Business: ITAT [Read Order]
    Taxscan Team

    Income Tax Addition u/s 68 not permissible When Assessee  furnished all evidences proving identity and creditworthiness of the Investors: ITAT upholds order of  CIT(A)

    Income Tax Addition u/s 68 of the Income Tax Act,1961 is not permissible when the assessee furnished all evidence proving the identity and creditworthiness of the investors, the Kolkata Bench of the...

    Income Tax Addition u/s 68 not permissible When Assessee  furnished all evidences proving identity and creditworthiness of the Investors: ITAT upholds order of  CIT(A)
    Taxscan Team

    SEBI Notifies Listing Obligations and Disclosure Requirements Regulations, 2022 [Read Notification]

    The Securities Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022. As per...

    SEBI Notifies Listing Obligations and Disclosure Requirements Regulations, 2022 [Read Notification]
    Taxscan Team

    Professional Misconduct: IBBI Imposes Rs. 2.5 Lakhs Penalty on Company Secretary/IP for Violating CIRP Regulations [Read Order]

    The Insolvency and Bankruptcy Board of India (IBBI) has imposed a fine of Rs. 2.5 lakhs on the company secretary/ Insolvency Professional for violating the corporate insolvency resolution process...

    Professional Misconduct: IBBI Imposes Rs. 2.5 Lakhs Penalty on Company Secretary/IP for Violating CIRP Regulations [Read Order]
    Taxscan Team

    NFRA issues Audit Quality Inspection Guidelines for Auditors [Read Guidelines]

    The National Financial Regulatory Authority ( NFRA )has published its audit quality inspection guidelines as a step towards further improving the quality of the audit profession. The inspection...

    NFRA issues Audit Quality Inspection Guidelines for Auditors [Read Guidelines]
    Taxscan Team

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