News

Extension of ITR due date till 31st August requested by CAIT

Judgement

The Income Tax Appellate Tribunal(ITAT) deletes penalty citing reasonable cause w.r.t. delay in Filing TAR due to death of the Director.

Delay in Filing TAR due to death of the Director: ITAT deletes penalty citing reasonable cause

GST Portal Update: Consumer Agreement or Electricity Consumer no. required to get GST Number

The ITAT Chennai has held that Penalty provisions u/s 271(1)(c) cannot be applied when quantum addition are made by applying peak credit theory.

Penalty provisions u/s 271(1)(c) cannot be applied when quantum addition are made by applying peak credit theory

It is pointless to wait for an extension of due date for filing ITR for financial year 2022-23. A record number of taxpayers have already filed their returns for AY 2023-24.

Big Announcement of Income Tax Department at last moment; New Update for ITR Filers

Articles

The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs.2.3 Crore on a Chartered Accountant for Professional misconduct under section 132(4).

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Extension of ITR due date till 31st August requested by CAIT

Delay in Filing TAR due to death of the Director: ITAT deletes penalty citing reasonable cause

GST Portal Update: Consumer Agreement or Electricity Consumer no. required to get GST Number

Penalty provisions u/s 271(1)(c) cannot be applied when quantum addition are made by applying peak credit theory

Big Announcement of Income Tax Department at last moment; New Update for ITR Filers

Penalty of Rs.2.3 Crore levied on Chartered Accountant [Read NFRA Order]