Understand Section 79 of the Income Tax Act, 1961, concerning loss set-off in closely held companies. Explore judicial ...

Learn how AIS and Form 26AS mismatches can lead to tax notices, scrutiny, and penalties. Understand common errors and ways to ...

Calcutta High Court dismisses KL Lifesciences' petition challenging anti-dumping duty final findings after the definitive levy notification was ...

Assessee had added the amount of Anti-dumping duty while self-assessing the customs duty liability  which could not take the character of duty, therefore, the amount should not have been retained and ...

ITAT Jaipur held that reassessment notice under section 148 of the Income Tax Act issued by the Assessing Officer [AO], having no jurisdiction, is invalid. Accordingly, assessment order and consequent ...

ITAT Ahmedabad held that addition by adopting Percentage Completion Method cannot be sustained as department already accepted Project Completion Method in earlier years. Accordingly, appeal allowed ...

ICAI imposes ₹15,000 fine on CA Jagdish Mittal for breaching guidelines by participating in a tender without prescribed minimum fees for statutory ...

ICAI Disciplinary Committee finds CA. Sanjay Kumar Agarwal guilty of professional misconduct. The order details the charges, defense arguments, and the Committee's ...

ICAI Disciplinary Committee orders one-year removal of CA Himani from membership for professional misconduct in a Rs. 118 crore GST ...

Learn about Section 60-64 of the Indian Income Tax Act regarding income clubbing, which prevents tax evasion through asset transfers. Discover legal strategies to avoid unexpected tax ...