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

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 ...

SC ruled that entities for general public utility can claim income tax exemptions, provided any incidental business or trade receipts do not exceed 20% of their total ...

The Delhi High Court upheld that exemptions under Sections 54 and 54F are applicable even if a reconstructed property contains multiple independent residential ...

The ITAT ruled that an assessment initiated before an assessee's death is not void. It remanded the case, directing the AO to re-do the assessment in the legal heir’s ...

Goods and Services Tax : Starting April 1, 2025, businesses with multiple GST registrations must obtain a separate ISD registration to distribute common in ...

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 ...

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