News

The ITAT Bangalore quashed a Section 263 revision order concerning a Section 54F deduction, citing insufficient inquiry by ...
SC rules that nominees under Section 109A of the Companies Act do not gain absolute ownership of shares, preserving legal ...
Understand the importance of correct formats for Section 143(2) scrutiny notices. Learn how non-compliance impacts tax ...
Understand Indian income tax implications for non-resident shareholders on foreign company share buybacks. Learn about ...
Allahabad High Court quashed a Section 74 SCN derived from a Section 73 SCN, ruling it lacked jurisdiction without specific ...
Learn how to set up a charitable trust in India in 2025. This guide covers trust registration, deed drafting, documentation, ...
RBI now permits investment vehicles to issue partly paid units to foreign investors, addressing prior ambiguity and ...
Learn about TDS Return Form 27Q for non-salary income of non-residents, including due dates, penalties, and interest on late ...
CESTAT Delhi held that statement recorded under section 108 of the Customs Act cannot be considered as evidence under section 138B of the Customs Act. Accordingly, demand based on the statement ...
ITAT Ahmedabad deletes arbitrary disallowances under Section 40A(2)(b), emphasizing AO's burden to prove excessiveness in related party ...
Gujarat High Court quashes Income Tax Act Section 148 notices for AY 2015-16, citing Supreme Court precedents on time-barred ...
Analysis of GSTR-1 vs GSTR-3B mismatch, Section 128A interest/penalty waiver, and the controversial CBIC circular. Legal challenge advised for ...