India's SIMS and NOC processes are creating challenges for steel importers, including delays, complex documentation, and ...

Delhi ITAT deleted a ₹10,000 penalty under Section 271(1)(b), finding no deliberate defiance by the assessee despite a delay in responding to a tax ...

The ITAT Delhi has quashed an income tax reopening, ruling that a "mechanical" approval from the prescribed authority under Section 151 of the Income-tax Act is ...

The ITAT Mumbai has returned a case to the CIT(A), ruling that the appeal was wrongly dismissed on a technicality without considering documents filed on ...

ITAT Lucknow allowed exemption for Long Term Capital Gains on a share sale, ruling that tax authorities cannot rely on un-furnished investigation report to dismiss a taxpayer's ...

Learn which ITR form is right for you. This guide breaks down common ITR forms (1-7) based on income sources for individuals, businesses, and other ...

This article analyses the GST treatment of such corporate guarantees, particularly where no consideration is received from ...

The Delhi High Court dismisses a defamation petition against MP Bansuri Swaraj, ruling her statements were a direct quote ...

The ITAT Ahmedabad ruled that the TDS threshold under Section 194IA applies to the payment made to each individual seller, not the total transaction ...

SC ruled that entities for general public utility can claim income tax exemptions, provided any incidental business or trade ...

ITAT Chennai ruled that gold wastage during ornament manufacturing isn't considered a payment for making charges, so TDS under Section 194C is not ...

The ITAT Lucknow bench deleted an addition made under Section 69A, ruling that a cash deposit from the assessee's wife's withdrawals was a sufficiently explained ...