Gauhati High Court held that arrest of accused involved in evasion of GST by falsely claiming ITC during investigation ...

ITAT Ahmedabad held that notice issued u/s. 274 without specifying ground for imposition of penalty u/s. 271 (1) (c) i.e.

The primary issue revolved around the non-fulfillment of conditions under Section 54F, which requires the construction of a ...

ITAT Kolkata held that condonation of delay in filing of an appeal is liable to be allowed as sufficient cause shown.

16. Where on consideration of material on record, one view is conclusively taken by the Assessing Officer, it is not open to ...

The Employees’ Provident Fund Organisation (EPFO) has introduced a facility that allows members to delink erroneously linked ...

Central Tax dated 23rd January 2025, has announced a waiver of excess late fees under Section 47 of the Central Goods and ...

Property selling by NRIs in India has its own set of rules in regard to tax and compliance regard. This mastermind has created a scratch outline as a effective way to understand taxes and generally ...

The sumptuary allowance for judges as defined under the Supreme Court and High Court Judges Acts is exempt from being treated as income under the Income Tax Act, 1961. However, for other judicial ...

ITAT Mumbai held that addition towards bogus purchases unwarranted as GP rate on sale of alleged bogus purchases is more than the GP rate of other purchases. Accordingly, appeal allowed the addition ...

Before CIT (A) held that addition can be made in cases where the consideration received against issue of shares exceed the FMV of such shares. AO must compute the value as per Rule 11UA and thereafter ...

Kerala High Court held that revisionary proceedings by PCIT u/s. 263 rightly exercised since claim of provision for bad and doubtful debts was assumed by assessing officer to be correct without ...