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Sources claim that these political parties take donations by check or RTGS and then reimburse the recipients with cash after deducting commissions that range from 1% to 6%.

More than 3500 taxpayers get Income Tax notice for donation to bogus political parties

The Cost Inflation index (CII) of FY 2023-24 is 348.

CBDT notifies cost Inflation index of FY 2023-24

Articles

As per one of the FAQ it is not permissible to accept Concurrent Audit of one of Bank branch by Statutory auditor of different branches of same bank.

21 FAQs released by ICAI related to professional ethics of members pertaining to Bank Assignments

The IT department has sent a notice for submitting details related to the transaction of Rs 12.23 crore.

Physically Challenged Small shop owner receives Income Tax Notice of Rs 12 crore

Judgement

Sale below market price/ cost price with intention to create loss is fraud to evade payable taxes: ITAT

The assessee was entitled to claim deduction u/s. 80IA whe certificate in Form no. 10CCB was filed before final order of assessment.

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More than 3500 taxpayers get Income Tax notice for donation to bogus political parties

CBDT notifies cost Inflation index of FY 2023-24

21 FAQs released by ICAI related to professional ethics of members pertaining to Bank Assignments

Physically Challenged Small shop owner receives Income Tax Notice of Rs 12 crore

Sale below market price/ cost price with intention to create loss is fraud to evade payable taxes: ITAT

Deduction u/s 80IA cannot be denied merely for non-filing of Form 10CCB along with ITR