• GST

Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details

1 month ago

GSTN Advisory on Auto Suspension of GST Registration due to Non-Furnishing of Bank Account Details as per Rule 10A As…

  • GST

ITC can’t be denied on ground that supplier’s registration was cancelled subsequently

1 month ago

ITC can’t be denied on ground that supplier’s registration was cancelled subsequently when supplier had filed GSTR-1 and GSTR-3B for…

  • Income Tax

Amount of Rs. 6 lakh claimed as gift received from parents in law not unreasonably high – ITAT

1 month ago

Amount of Rs. 6 lakh claimed to have been received as gift from parents in law not an excessively or…

  • GST

GST exemption upheld on renting of residential dwelling as hostel to students & professionals

1 month ago

Assessee was entitled to GST exemption on renting of residential dwelling as hostel to students and working professionals In a…

  • RBI

RBI increases number of free and basic minimum facilities in BSBD accounts

1 month ago

RBI increases number of basic minimum facilities to be offered in a Basic Savings Bank Deposit (BSBD) account, free of…

  • Income Tax

Imparting education in gemmology, jewellery arts, designs qualifies for exemption u/s 11

1 month ago

Conducting courses in gemmology, jewellery arts, jewellery design amounts to imparting of education entitling assessee benefit of exemption u/s 11…

  • GST

Special procedure under Delhi GST Act for rectification of order for wrong ITC availment

1 month ago

Special procedure notified under Delhi GST Act 2017 for rectification of order confirming demand for wrong availment of ITC. Lt.…

  • Income Tax

CBDT specifies work allocations and zonal charges of its members

1 month ago

CBDT specifies work allocations and zonal charges of its members CBDT has issued an office memorandum dated 03/12/2025 giving details…

  • Income Tax

AO can’t make addition on his speculation and assumption of manipulation in share prices

1 month ago

Addition quashed as alleged manipulation in share prices was merely a speculation and assumption of Assessing Office In a recent…

  • Income Tax

Assesee not deducting TDS due to stay by High Court can’t be treated as assessee in default

1 month ago

When assesee did not deduct TDS on account of interim stay of High Court, it can’t be regarded as assessee…