The Madras High Court has invalidated reassessment proceedings against Changepond Technologies, ruling they stemmed from a mere change of opinion, not new ...

ITAT Mumbai rules on Section 36(1)(viia) deduction for banks, confirming it applies to total outstanding advances, including opening balances, citing High Court ...

Delhi ITAT set aside penalties against Delhi Building & Others for Assessment Years 2007-08 and 2008-09, citing the Assessing ...

ITAT Mumbai held that Private Discretionary Trust whose income is chargeable to tax at maximum marginal rate is not leviable to pay surcharge if the slab rates are below Rs. 50 Lakhs. Accordingly, ...

The appellant appears to have given a discount on the gross value of the exports which was reflected in the invoice raised by the appellant as well and hence, appellant received 97% of the gross value ...

Article critically examines the concept of control under Ind AS 110, focusing on how veto and reserved rights impact an ...

Madras High Court rules Tamil Nadu Housing Board cannot demand extra 5% GST from flat allottees when the advertised price was ...

Delhi High Court halts coercive measures against Raghav Agarwal in a GST case involving multiple show cause notices for overlapping ...

Allahabad High Court remands Kishori Lal Agrawal's deemed dividend case, clarifying Section 2(22)(e) and 'ordinary course of business' for ...

ITAT Delhi held that approval accorded u/s. 153D in stereotype manner and single approval has been granted for various Assessment Years is invalid sanction. Thus, order passed based on invalid ...

International Financial Services Centres Authority (IFSCA)[1] is the unified regulator for the development and regulation of financial products, financial ...

Patna High Court imposes ₹10,000 cost and 9% interest on an officer for illegal tax recovery without due process, highlighting consequences for procedural ...