Bombay High Court, in the case of Amrish Rameshchandra Shah Vs Union of India and others, examined the legality of a service ...

Hari Agarwal, FCA is a highly respected Chartered Accountant with over 35 years of professional experience. His expertise in ...

The ITAT, while acknowledging the assessee’s lack of cooperation, found that the CIT (A) had erred in setting aside the assessment. The ITAT cited the precedent set in Arun Kumar Bose vs. ITO; ...

Delhi, addressed the case of Sarvatra International, involving allegations of customs duty evasion through the misclassification of imported goods. The dispute revolved around the classification of ...

This appeal by assessee is directed against the order of NFAC, Delhidated 20.05.2024 passed u/s. 250 of the Income Tax Act, 1961 (in short ‘the Act’) for A.Y. 2011-12. The assessee has raised the ...

The High Court found that the assessment order did not establish willful suppression of facts, which is a prerequisite for ...

The government has introduced mandatory reporting of Harmonized System of Nomenclature (HSN) codes in Table-12 of GSTR-1 to enhance tax compliance and ...

It is definitely a matter of huge significance with far reaching potential consequences that while ruling most sagaciously on a very pertinent issue pertaining to the payment of maintenance to highly ...

Telangana High Court set aside two impugned orders rejecting the stay of tax demand for AY 2022-23 in the case of Subodh ...

ITAT Mumbai allowed the deduction under Section 80P(2)(d) of the Income Tax Act, 1961, for interest income earned by Sai Ankur Cooperative Housing Society Ltd. from fixed deposits with Apna Sahakari ...

ITAT Mumbai ruled on the appeal of Rotary Charity Trust against the rejection of its application for final registration under Section 80G (5) of the Income-tax Act, 1961. The trust, established in ...

The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments ...