• arbitration

Despite signing discharge voucher and accepting amount, dispute is arbitrable – SC

1 year ago

After a full and final discharge, if claim to arbitration is sustainable or not is clearly within the domain of…

  • GST

CBIC issues instruction on non/partial production of records/information for C&AG Audit

1 year ago

CBIC issues instruction on non/partial production of records/information for C&AG Audit CBIC has issued Instruction No. 05/2025-GST dated 02.05.2025 to…

  • Insurance

In an accident chain, liability under MV Act passes to vehicle which was root cause

1 year ago

In an accident chain, the liability under MV Act would pass on to the vehicle which was the root cause…

  • Income Tax

CBDT notified ITR-2 PDF Format for AY 2025-26. Read major changes made for AY 2025-26

1 year ago

CBDT notified ITR-2 PDF Format for AY 2025-26 CBDT has notified ITR-2 PDF Format for AY 2025-26. The major changes…

  • Income Tax

Benefit of doubt goes to assessee if explanation offered is fairly reasonable – ITAT

1 year ago

Benefit of doubt needs to go in favour of assessee when tested on the touchstone of preponderance of probabilities, the…

  • Income Tax

PCIT order u/s 119(2)(b) set aside and delay in filing ITR condoned as per CBDT Circular

1 year ago

High Court set-aside order of PCIT u/s 119(2)(b) and condoned the delay in filing the returns due to genuine hardship…

  • Judgments

When bye-laws authorised Secretary, absence of resolution not make Petition bad.

1 year ago

When bye-laws authorised Secretary, mere absence of resolution would not make Petition filed by Secretary non-maintainable - High Court  In…

  • Income Tax

CBDT notifies format of ITR-5 for Assessment Year 2025-26

1 year ago

CBDT notifies format of ITR-5 for Assessment Year 2025-26 CBDT has issued Notification No. 42/2025 dated 02.05.2025 notifying the PDF…

  • GST

Grievance in GST registration – dedicated email to be publicised

1 year ago

Grievance Redressal Mechanism for processing of application for GST registration – dedicated email to be publicised by Principal Chief Commissioner/Chief…

  • Income Tax

Advance for purchase written off as bad debts allowed as business expenditure u/s 37(1)

1 year ago

Advance given for purchase and subsequently written off in Profit and Loss account as bad debts allowed as business expenditure…