Tamil Nadu AAR rules TR-06 challans aren't valid for claiming Input Tax Credit on differential import IGST; reassessed Bills ...

The Supreme Court criticized a common practice of offering money for bail then challenging conditions. It remanded a GST ...

ITAT Mumbai quashes ₹5.39 crore income addition by AO, stating calculations based on two days' bills were illogical for tax ...

Learn to effectively handle faceless income tax scrutiny assessments. This guide covers notice receipt, timely response ...

ITAT Mumbai rules on Section 36(1)(viia) deduction for banks, confirming it applies to total outstanding advances, including opening balances, citing High Court ...

Madras High Court affirms reassessment in A. Sridevi case, citing failure of full disclosure and rejecting 'change of opinion' ...

The Gujarat High Court, after hearing arguments from both sides, focused on whether the Section 148 notice deserved to be quashed. The court reiterated several established legal principles governing ...

Madras High Court upholds reassessment against Empee Holdings, affirming factual findings on interest-free loans to group companies and disallowing ...

Mumbai ITAT clarifies Section 54F capital gains exemption, ruling that co-ownership does not disqualify an assessee from claiming tax benefits on new residential ...

The ITAT Delhi addressed cross-appeals in Amit Gupta vs. ACIT, ruling on Section 54B deduction based on extended return filing dates and clarifying Section 54F exemption for jointly owned ...

Explore how board size influences corporate performance. This analysis examines various theories and empirical findings on board size, strategic change, risk, investment, and dividend ...

ITAT Cochin examines capital gains exemption validity under Section 54F and remands agricultural income assessment for ...