ITAT Delhi held that notice under section 274 r.w.s. 271(1)(c) of the Income Tax Act issued without specifying the specific charge or limb i.e. without striking off the irrelevant limb is erroneous.
CBI arrested a CGST Superintendent in Nashik accepting a Rs 5 lakh bribe related to an IGST matter. Searches yielded Rs 19 lakh cash. The accused is in police ...
Finance Ministry's Notification 151/2025 grants income tax exemption to the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), effective retrospectively from Assessment Year ...
CBDT has notified a state housing authority as tax-exempt under Section 10(46A) of the Income-tax Act, effective AY 2024-25, allowing exemption for statutory development ...
RBI amended FEMA regulations to permit Indian exporters to hold Foreign Currency Accounts in IFSC banks (like GIFT City).
Modern term insurance offers young professionals lower premiums, flexible options, and wider eligibility, enabling early ...
EPFO announces the final 60-day Productivity Linked Bonus (PLB) for FY 2024-25 for eligible Group B and C staff, capped at Rs ...
SIA 120 requires internal audit terms to be formalized in a Charter (in-house) or Engagement Letter (outsourced). This ensures clear scope, authority, deliverables, and the nature of assurance ...
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