News

ITAT Nagpur rules against arbitrary 10% cash deposit addition under Section 69A, stating no income can be deemed if ...
A BPCL vendor successfully challenges GST detention for MPD machines in transit. The court found no tax evasion as e-way bill ...
Allahabad High Court quashes summons for several LLP partners in a cheque dishonour case, affirming liability primarily for ...
ITAT Nagpur dismissed the Income Tax Department's appeal against a civil contractor for AY 2011-12, citing cryptic and ...
Delhi High Court dismisses a petition by a Chartered Accountant and a trader to quash a GST show-cause notice, citing serious ...
Indian tax residents must report foreign assets and income in their ITRs, regardless of value. Non-disclosure can lead to ...
MHA introduces new FCRA validity limits for foreign contributions: 3 years for receipt, 4 years for utilization. Existing ...
Bangalore ITAT mandates 80G approval for Academy of General Education, clarifying CIT(E)'s scope is limited to verifying ...
ITAT Bangalore overturns CIT (Exemptions)'s rejection, granting City Hospital Charitable Trust 80G approval. The tribunal ...
AO should not have resorted to section 143(1) (a) and instead could have resorted to section 143 (3): Chhathisgarh HC The ...
Understand tax deductions for paying family's home or education loans. Learn conditions for claiming benefits, including ...
Calcutta HC rules in PCIT vs Abhijeet Enterprise that Section 68 doesn't apply to shares allotted for a liability if no actual cash is exchanged, citing key ...