News

CBI has filed a Chargesheet against a private company based at Mumbai and its then Promoter in a case related to bank fraud of Rs. 2435 crore.

Bank Fraud: CBI files Chargesheet against Pvt firm, Ex-promoter in Bank Fraud of Rs. 2435 Crore

Circulars

CBDT has issued clarification for purposes of clause (c) of Section 269ST of IT Act 1961 in respect of dealership contract in case of Co-operative Societies.

CBDT issued Clarification for purpose of Section 269ST of Income Tax

The government is planning to raise the income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh in the upcoming Budget for 2023-24.

Budget 2023: Income Tax Exemption Limit may raise to Rs.5 Lakh by Govt. in Upcoming Budget

Budget 2023: Income Tax Exemption Limit may raise to Rs. 5 Lakh by Govt. in Upcoming Budget

Consequences if audit report filed without UDIN or If CA fails to update the UDIN within 15 days

Judgement

ITAT affirms method given in ICAI guidance note for calculation of F&O Turnover

Agricultural income estimated by assesse has to be accepted by Income Tax in absence of contrary evidence: ITAT

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News