Judgement

Tribunal holds HUF cannot be donor under Section 56(2)(vii) but allows reconsideration under Section 10(2)

HUF not relative donor u/s 56(2)(vii) of Income Tax: ITAT

ICSI issues an advisory to all professional colleagues, requesting them to timely furnish their annual filings for the financial year 2024-25, as the due date is approaching.

ICSI Requests Members to Ensure Timely Compliance with Annual Filing Deadline for FY 2024-25

His name was removed from the Registrar of Members for 6 months, and the ICAI also imposed a fine of Rs 50,000, required to be paid within 60 days.

ICAI Fines Chartered Accountant for Misleading Employment Information and Violating Professional Conduct

News

Two ESIC Vijayawada officials were arrested by the CBI after they were caught red-handed accepting a Rs. 50,000 bribe from a complainant.

CBI Arrests Two Officials of ESIC Vijaywada for Demanding and Accepting a Bribe of Rs. 50,000

Get clarity on delayed FY 2024-25 income tax refunds, reasons behind the hold-up, and how to track them online.

Income Tax Refunds FY 2024-25: Here's Why They’re Delayed and How to Track Yours Online

The Supreme Court, agreeing with the order of the Karnataka High Court, said that the tax rate in the DTAA signed by these companies, which is 10% in some cases, would prevail over Section 206AA.

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HUF not relative donor u/s 56(2)(vii) of Income Tax: ITAT

ICSI Requests Members to Ensure Timely Compliance with Annual Filing Deadline for FY 2024-25

ICAI Fines Chartered Accountant for Misleading Employment Information and Violating Professional Conduct

CBI Arrests Two Officials of ESIC Vijaywada for Demanding and Accepting a Bribe of Rs. 50,000

Income Tax Refunds FY 2024-25: Here's Why They’re Delayed and How to Track Yours Online

TDS on Payments to Foreign Entities Cannot Exceed 10% as per DTAA Provisions: Supreme Court