News

ITAT Raipur held that CIT (A) is duty bound to dispose of all the grounds raised by assessee. Since CIT (A) failed to ...
There’s a common misconception that only transactions covered under Section 188 of the Companies Act, 2013 (the “Act”) are ...
Telangana High Court directed petitioner to file an appeal before appellate authority due to availability of alternative ...
AD Equity-Linked Savings Schemes (ELSS) are among the best tax-saving investment options available in India. These funds ...
ITAT Delhi held that approval memo u/s. 153D of the Income Tax Act is totally silent on the issues involved and has been ...
Thus, the time-limit for issuance of SCN in non-fraud or non – suppression cases is 2 years and 9 months from the due date of ...
Patna High Court granted bail to petitioner accused in GST evasion case since arrest was made on the basis of suspicion and ...
As the tax filing season for ITR’s for the financial year 2024-25 is about to start, most probably after mid of June, many ...
The Allahabad High Court addressed a petition filed by Laskin Engineering Pvt Ltd challenging an order passed by the Deputy Commissioner, Commercial Tax Department, Sikandrabad, Bulandshahar, under ...
Congress enacted 42 tariff laws between 1789 and 1916. The Tariff Act of 1789 was three pages long. The Smoot-Hawley Act of 1930 (the last enacted tariff before Congress delegated tariff-setting ...
The introduction of this TCS on these particular high-value goods signifies a move by the tax authorities to monitor and collect tax at the point of sale for certain categories of transactions, ...
“1). The learned CIT (A), NFAC has grievously erred in law and facts in upholding the addition of Rs.2,80,08,032/-made by the A.O. to the return income of Rs.2,478/- without properly appreciating the ...