News

ICAI has clarified that recent social media allegations about its governance and functioning are false and misleading, places all the correct facts on record. 

ICAI Rejects ‘False and Misleading’ Social Media Posts, Clarifies Council Decision-Making and Governance Practices

CBI Court has convicted and sentenced the former Enforcement Officer in the EPFO Nashik to RI for four years in the Rs 10 lakh bribery case.

CBI Court Convicts and Sentences EPFO Officer to Rigorous Imprisonment for Four Years in Rs 10 Lakh Bribery Case

Judgement

The ITAT Bench has set aside a Rs 11.48 crore addition on securities and mutual fund transactions, directing the AO to conduct a fresh assessment after proper verification and a meaningful hearing.

ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

The ITAT Bangalore holds registration under Karnataka Souharda Sahakari Act does not bar Section 80P benefit.


ITAT Holds Karnataka Souharda Sahakari Eligible for Section 80P Deduction on Credit Facility Income

The ITAT Bangalore held BSNL VRS compensation qualifies for Section 10(10B) exemption.


ITAT Allows Section 10(10B) Exemption on BSNL VRS Compensation 

ITAT dismissed the appeal as withdrawn after the assessee opted not to pursue its challenge against the Rs. 77.64 lakh unexplained cash credit addition for AY 2017-18.

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ICAI Rejects ‘False and Misleading’ Social Media Posts, Clarifies Council Decision-Making and Governance Practices

CBI Court Convicts and Sentences EPFO Officer to Rigorous Imprisonment for Four Years in Rs 10 Lakh Bribery Case

ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

ITAT Holds Karnataka Souharda Sahakari Eligible for Section 80P Deduction on Credit Facility Income

ITAT Allows Section 10(10B) Exemption on BSNL VRS Compensation

ITAT Allows Withdrawal of Appeal Challenging Rs. 77.64 Lakh Unexplained Cash Credit Addition in Scrap Sale Deposits Case