Govt has notified the Manipur Goods and Services Tax (Second Amendment) Act, 2025 The Bill was introduced in Lok Sabha on 1st December, 2025. It received the assent of the President on the 10th December, 2025. Save as otherwise provided in the amendment Act, sections 2 to 5, …

No addition can be made only on basis of Whatsapp Chats between director and employee of the company as apart from the Whatsapp Chat there was no evidence on record. In a recent judgment, ITAT Kolkata has deleted addition made only on the basis of Whatsapp Chats between …

Wrong penalty section mentioned in Assessment order can be rectified being mistake apparent on record when there is no debate in imposing penalty under rectified section. In a recent judgment, ITAT Ahmedabad has held that when section 271AAB was wrongly mentioned in Assessment order instead of Section 271AAC, …

Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction u/s 36(1)(viii) unless it is derived from the specific activity of long-term finance. In a recent judgment, Hon’ble Supreme Court has held that under section 36(1)(viii) of the …

Just because log book was not maintained does not mean that vehicles were used for personal purposes by the Trustee – ITAT In a recent judgment, ITAT Pune has holding that just because log book was not maintained does not mean that Vehicles were used for personal purposes …

Where belief of escapement of income as per reasons recorded fails no other addition can be made by the AO – High Court In a recent judgment, Hon’ble Allahabad High Court has upheld that where the belief of escapement of income as per reasons recorded fails no other …