News

ITAT Bangalore remands Sardar Imtiyaz Pasha's appeal to AO, citing unfair profit estimation and denial of fair hearing by CIT(A). Case sent back for fresh review of cash ...
Understand capital gains tax on jointly held properties in India. Learn about beneficial ownership, funding patterns, clubbing provisions, and Section 54 exemptions for ...
ITAT Mumbai under Resale Price Method [RPM] focus is more on same or similar nature of products rather than similarity of products. Thus, TPO directed to include 5 companies as comparable for ...
Aurangabad Bench of Bombay HC declines to quash rape FIR despite compromise, citing seriousness of offence and need to prevent misuse of legal ...
ITAT Delhi held that addition under section 69A of the Income Tax Act towards cash deposited during demonetization cannot be sustained as source of cash deposited is cash sales and the same is already ...
GST excise duty and CENVAT credit system, explaining how taxes were levied, credits claimed, and the rationale behind their ...
Calcutta High Court directs refund of IGST paid by Sanjay Kumar Lohia, ruling a challan's incorrect tax period entry should not deny a legitimate refund ...
Understand GST ITC refunds for inverted tax structures when input and output goods are the same. Learn about legal provisions and CBIC clarifications on this ...
Madras High Court rules in favor of Enfinity Solar, quashing an assessment order due to the tax authorities' failure to issue a mandatory draft assessment order after ...
Assessee invoiced the client department for a consolidated sum towards the amounts charged by the empanelled agencies, service tax on their services and 10% or 15% as its service charges and service ...
ESIC launches SPREE, a scheme from July 1 to Dec 31, 2025, for employers and employees to register under the ESI Act without retrospective ...
Registrar of Companies, Karnataka, fines Stanley OEM Sofas Ltd. and directors ₹40,000 for violating Companies Act Section 101 ...