Advisory for FORM GSTR-1A- Form and manner of furnishing details of outward supplies GSTN has issued an advisory for FORM…
Penalty u/s 271E can not be imposed on cash repayment of advances treated as unexplained cash credits. In a recent…
Mining Royalty is not a tax – Supreme Court Nine Judges Bench approves decision In Kesoram Industries and held that…
Assessee has right to get complete statements recorded against him and relied upon by the Income Tax Department during the…
CBDT issues 13 FAQs on new Capital Gain Tax Regime proposed in Union Budget 2024-25 Union Budget 2024-25 has proposed…
Payment by corporate guarantor does not extinguish liability of corporate debtor to pay the entire amount payable - SC In…
Under Section 69, AO is under obligation to give reasons for not accepting explanations given by the assessee - ITAT…
ITAT remitted case for verification of Transporter's declaration u/s 194C(6) and decide the issue of addition on account of non…
Customs duty payable even after confiscated goods redeemed after payment of fine - SC In a recent judgment, Hon'ble Supreme…
Limit of allowable partners remuneration u/s 40(b) increased from AY 2025-26 onwards Finance Bill 2024 has increased the limit of…