News

IC deduction must be computed solely on eligible unit's profit, disallowing set-off of losses from non-eligible units, upholding ...
Allahabad High Court rules GST payer not obligated to monitor portal for notices after registration cancellation, citing natural justice ...
Income Tax Notification 63/2025 grants tax exemption to Yamuna Expressway Industrial Development Authority from AY 2024-25 under Section ...
The Allahabad High Court ruled that GST demands cannot exceed the show-cause notice, quashing a demand against Vrinda Automation for violating Section 75(7) of the GST ...
Gauhati High Court directs GST authorities to review taxpayer's plea for instalment payments, citing financial hardship and Section 80 of CGST ...
Allahabad High Court rules filing a certified copy under GST Rule 108 is not mandatory if appeal is filed electronically with relevant records. Cites Delhi HC ...
Madras High Court rules an advertising firm's failure to check the GST portal's 'additional notice' tab isn't fatal, quashing demand and appeal dismissal. Sets ...
ITAT Mumbai held that no addition under section 43CA of the Income Tax Act warranted due to difference between stamp duty value and sale consideration is less than tolerance band of 10% as per proviso ...
Telangana High Court held that law of limitation [Limitation Act, 1963] applies even for claims under the Interest on Delayed Payment to the Small Scale and Ancillary Industrial Undertakings Act, 1993 ...
Global Investing, Local Taxes A Complete Guide to Reporting Foreign Assets and Income in Your Indian ITR Investing globally has become seamless—whether it’s ...