Tax Guru6h
ITAT deletes Section 69C Addition as allegations not substantiated with clear evidence
The matter primarily pertained to unexplained expenditures assessed under Section 69C of the Income Tax Act for the ...
Tax Guru7h
Section 10(23C)(iiiac) & 11(2) exemption cannot be denied for Belated Form 10
The core issue was whether the institute was eligible for exemptions under Section 10(23C)(iiiac) and Section 11(2) of the ...
Tax Guru6h
Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961
Hari Agarwal, FCA is a highly respected Chartered Accountant with over 35 years of professional experience. His expertise in ...
Tax Guru8h
Interest for broken period on securities held as stock is allowable as deduction
Telangana High Court held that interest paid for broken period on securities held as stock-in-trade is allowable as deduction ...
Tax Guru10h
Telangana HC Sets Aside Non-Speaking Income Tax Stay Orders
Telangana High Court set aside two impugned orders rejecting the stay of tax demand for AY 2022-23 in the case of Subodh ...
Tax Guru9h
AP VAT Act: Suppression & Wilful Evasion Essential to Invoke Section 21(5), Rules HC
The High Court found that the assessment order did not establish willful suppression of facts, which is a prerequisite for ...
Tax Guru11h
ITAT Ranchi Allows Withdrawal of Appeal Under VSV Scheme
The ITAT dismissed the appeal as withdrawn but clarified that if the assessee is unable to achieve a resolution through the ...
Tax Guru13h
Chhattisgarh HC Directs GST Refund for Pre-GST Contracts
The Chhattisgarh High Court, in B M S Projects v. State of Chhattisgarh, addressed the petitioner’s grievance regarding the ...
Tax Guru3h
Breach of natural justice principles: Madras HC Sets Aside GST Order
Madras High Court set aside the original GST order dated March 1, 2024, against Manoj International, citing a b. The petitioner claimed unawareness of the proceedings as the notices and orders were ...
Tax Guru11h
Income Tax Bill 2025: Key Changes for Chartered Accountants
The Income Tax Bill, 2025 has been introduced in Lok Sabha Today 13.02.2025 Overall, it tries to replace the 1961 Act, which ...
Tax Guru11h
RBI Restricts New India Co-op Bank Operations
The bank can renew existing term deposits upon maturity, ensuring some continuity for depositors with longer-term investments ...
Tax Guru4h
KSCAA Representation on Streamlining GST Registration Process
Shri Sanjay Kumar Agarwal Chairman, Central Board of Indirect Taxes & Customs, Government of Karnataka Date: 14 th February 2025 SUBJECT: REPRESENTATION ON STREAMLINING THE PROCESS OF GST REGISTRATION ...