• Income Tax

NFAC dismissed appeal despite part reply filed and further time sought – case remanded

6 months ago

Case was remanded by ITAT as NFAC dismissed appeal despite assessee furnishing part reply and sought further time to make…

  • Income Tax

In DBFOT contract assessee entitled to depreciation on “Right to Collect Toll” as intangible asset

6 months ago

Under DBFOT contract “Right to Collect Toll”, is an intangible asset and assessee is entitled to claim depreciation on it.…

  • Income Tax

Appellate remedy is created to rest dispute, not to accelerate it – ITAT remands the case

6 months ago

Appellate remedy or forum is created by the statute to rest the dispute and not to accelerate for higher forum…

  • GST

Due date for filing GSTR-3B for month of Sept 2025 extended to 25.10.2025

7 months ago

Due date for filing Form GSTR-3B for the month of September 2025 extended to 25th October 2025 in view of…

  • Income Tax

When books rejected, no disallowance can be made on basis of entries in books

7 months ago

When books of accounts are rejected and profits are estimated, no separate disallowance can be made on basis of entries…

  • Income Tax

Non resident assessee need not have a PE in India for carrying business in India – SC

7 months ago

Non resident assessee need not have a permanent establishment in India to be said to carry on business in India…

  • Income Tax

Non-filing of Form 67 with ITR at best is a technical violation – ITAT

7 months ago

Non-filing of Form 67 along with return, at best can be treated as a technical violation and on that basis,…

  • Income Tax

Price of unaccounted purchase can not be taken solely on sworn statement of partner

7 months ago

Purchase price per unit of unaccounted river sand can not be taken solely on the sworn statement of the partner…

  • GST

ITC can’t be denied to purchaser who had paid due taxes on invoice raised – SC

7 months ago

ITC can not be denied to purchaser who had paid due taxes on invoice raised where the seller did not…

  • Companies Act

MCA further extends time for filing DIR-3-KYC & web-DIR 3-KYC-WEB upto 31.10.2025

7 months ago

MCA further extended time for filing e-form DIR-3-KYC and web-form DIR 3-KYC-WEB without fee upto 31.10.2025 Ministry of Corporate Affairs…