News

Mumbai ITAT rules against taxing gross receipts of a trust that lost Section 11 exemption, mandating only net surplus be ...
MCA relaxes additional fees for 13 e-forms due to MCA21 V3 migration. Forms due till July 31 can be filed by August 15, 2025, ...
Ahmedabad ITAT directs tax authorities to re-verify V N Exports' books for demonetization cash deposits, citing prior rulings on cash sales by jewelers. A key verdict on unaccounted ...
Madras High Court held that restrictions imposed under Rule 36(4) of the Central Goods and Services Tax (CGST) Rules, 2017 and Tamil Nadu Goods and Services Tax (TNGST) Rules, 2017 is not violative of ...
Calcutta High Court upholds Tribunal's decision, dismissing revenue's appeal in Mallcom VSFT Gloves case regarding Section 68 addition of Rs. 5.07 ...
Delhi High Court dismisses appeals, reiterating Supreme Court ruling that payments for software use/resale are not royalties under Indian tax law. No TDS ...
CBDT has designated DGIT (Systems) as the authority to share income tax return filing status and income level data with the Ministry of Petroleum & Natural Gas, based on Aadhaar/PAN, to support its ...
ITAT Delhi held that assessment order passed by AO under section 153C read with section 143(3) of the Income Tax Act is passed beyond prescribed time limited. Hence, the order barred by limitation is ...
Delhi High Court held that valuation of unquoted equity shares held by the assessee by Discounted Cash Flow [DCF] method is permissible under rule 11UA(2) of the Income Tax Rules. Accordingly, appeal ...
NPCI mandates NACH banks to integrate a Real-Time PAN and Bank Account Validation API for government use, including the Income Tax E-Filing ...
The Delhi High Court has directed the expeditious disposal of a GST registration cancellation revocation application within one month, reinforcing timelines for tax ...