(vii) CBDT has refused to grant extension of time for filing of return in view of the vague assertions, absence of details and adequate proof.

High Court has held that where the proceedings have been concluded against the recipient under Section 73 of Central Goods and Services (‘CGST’) Act due to non-reflection of ITC in the relevant ...

“i. Whether on the facts and in the circumstances of the case and in law, the Ld.CIT (A) right in deleting the addition u/s.69C of the Act to the tune of 4,75,42,385/- on account of non-genuine ...

The ITAT reiterated that the AO’s reliance on the Sales Tax Department’s information and statements without allowing cross-examination or conducting further inquiries was insufficient to treat the ...

1. The Principal Commissioner of Income Tax (Central)-2, C.R. Building, New Delhi – 110002 has challenged the order dated 03.12.2020 of the Income Tax Appellate Tribunal, Delhi Bench “F” New Delhi ...

Additionally, the ITAT pointed out that the PCIT invoked Explanation 2 of Section 263 in the final order but did not mention or confront the assessee with this basis during the show-cause stage, ...

M/s Mondal Traders filed an application before the Customs Authority for Advance Rulings (CAAR), Delhi, seeking a ...

Subject: Amendments related to Tax Deduction at Source (TDS) deductions under various sections of Income Tax Act 1961 notified in the Finance Act 2025 w.e.f. 01 April, 2025 — Reg. This is with ...

Standardized format for System and Network audit report of Market Infrastructure Institutions (MIIs) 1. SEBI has stipulated the guidelines for System and Network audit for MIIs as mentioned below: – 1 ...

Securities and Exchange Board of India (SEBI) has issued a circular outlining the framework for the recognition and operationalization of the Past Risk and Return Verification Agency (PaRRVA). This ...

The International Financial Services Centres Authority (IFSCA) issued an updated framework for Finance Companies/Finance Units operating Global/Regional Corporate Treasury Centres (GRCTCs) within ...

To be eligible for the January 2026 Chartered Accountants Final Examinations, candidates must meet specific requirements regarding articleship training, the Advanced Integrated Course on Information ...