News

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 ...
Goods and Services Tax : Starting April 1, 2025, businesses with multiple GST registrations must obtain a separate ISD registration to distribute common in ...
The Delhi High Court upheld that exemptions under Sections 54 and 54F are applicable even if a reconstructed property contains multiple independent residential ...
The NCLAT dismissed an appeal, affirming that writing off a bad debt is a commercial decision by a company's board that does not warrant judicial ...
Starting April 1, 2025, businesses with multiple GST registrations must obtain a separate ISD registration to distribute ...
The ITAT ruled that unaccounted receipts from known business debtors can't be taxed as unexplained money under Section 69A, ...
Learn about the ITAT Mumbai's ruling in the P&G case, which found that reimbursement for ESOP and ISOP plans is a deductible business expense, not a capital or contingent ...
Learn how to effectively prepare for a GST departmental audit. This guide covers key reconciliations, required documents, and strategies for managing tax ...