Judgement

ITAT Ahmedabad Partly Allows Shalby Ltd.’s Appeal By Quashing The 263 Action On Share Valuation While Upholding The 14A Revision.

ITAT Ahmedabad Upholds 14A Revision but Quashes 263 Action on Share Purchase Valuation

News

A comprehensive overhaul of India’s labour laws to ensure fair wages, safer workplaces, and stronger social security for all workers.

New Labour Code for India 2025: Biggest Labour Reforms In Independent India

The ITAT cited clause (ii) of Section 151, which specifies the higher authority whose approval is required before issuing a notice under Section 148, if three years have elapsed.

Notice Under Section 148 Issued After 3 Years Must be Approved by Higher Authority, Not PCIT

Notice Under Section 148 Issued After 3 Years Must be Approved by Higher Authority Not PCIT

Articles

Company Law Committee's 2022 Report does not include any proposal for removing the statutory audit requirement for small companies.

News of Removing Statutory Audit for Companies with Turnover Up to Rs 1 Crore Is Fake: Claims CA

Tribunal deletes addition for routine family expenses; capital account credit issue sent back for fresh verification.

ITAT: Household Funds Received From Husband Not Taxable as unexplained cash credits

Tribunal rules that requirement of bringing foreign exchange into India applies only; remands issues of exempt dividend and enhanced 10AA deduction for reconsideration.

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ITAT Ahmedabad Upholds 14A Revision but Quashes 263 Action on Share Purchase Valuation

New Labour Code for India 2025: Biggest Labour Reforms In Independent India

Notice Under Section 148 Issued After 3 Years Must be Approved by Higher Authority Not PCIT

News of Removing Statutory Audit for Companies with Turnover Up to Rs 1 Crore Is Fake: Claims CA

ITAT: Household Funds Received From Husband Not Taxable as unexplained cash credits

ITAT Pune: Deduction under Section 10AA Cannot Be Denied for Late Realisation of Export Proceeds