Penalty under Section 270A – Whether Penalty Proceedings Can Continue When Quantum Appeal Is Pending Before CIT(A) The introduction of Section 270A by the Finance Act 2016 marked a shift from the tradition...
Addition under Section 56(2)(viib): Validity of DCF Method and Differential Premium — Tribunal Reiterates Binding Effect of Jurisdictional High Court Rulings ITAT Delhi: Intermesh Shopping Network P...
Deduction u/s 80IAC – Whether Delay in Filing Form 10CCB is Fatal? Scope of Amendment to Section 80IA(7) – ITAT Delhi :FIVD India Consulting Pvt. Ltd. v. DCIT, Circle 1(1), Gurgao...
Concept of Block of Assets under Section 32 of the Income-tax Act, 1961 The shift from asset-wise depreciation to the “block of assets” approach marked a significant evolution in Indian tax depreciation law. Before this r...
Role of Audit Evidence under SA 500 (Audit Evidence) Issued by ICAI in the Work of a Financial Auditor Audit evidence lies at the heart of the auditor’s responsibility to express an independent opinion on financial stateme...