As per the recent report, Switzerland has announced the suspension of the most favoured nation (MFN) clause under its Double Tax Avoidance Agreement ( DTAA ) with India. This suspension…
Top Stories Provident Fund Withdrawals via ATMs from 2025: Here’s How New System Works EPFO Subscribers to Access Provident Fund Savings Instantly via ATMs, Launch Expected in 2025 By Kavi…
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that cash gifts from a father and father-in-law are not taxable under the Income Tax Act,1961. Krishna Nand…
Top Stories How GST Department Can Recover Demands from Debtors: Section 79(1)(c) Explained Section 79(1)(c) empowers the GST authorities to issue a notice to any third party—such as a debtor—who…
Top Stories Central GST E-Way Bill Sufficient when State Bill not Enforceable: Allahabad HC quashes Detention & Penalty Orders [Read Order] The court observed that the Central E-Way Bill was…
Top Stories ITAT Weekly Round-Up A Round-Up of the ITAT Cases Reported at Taxscan Last Week By Eeva Mary Sanil - On December 15, 2024 1:26 pm - 18 mins…
Top Stories Audit and Special Audit Provisions under GST: A Comprehensive Analysis of Section 65 and 66 If the audit uncovers any instances of tax not paid, short paid, erroneously…
This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Demand of Income…
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that capital gains tax applies to the owner as proven by registered sale deeds. Ranganath Ashok Meharwade,appellant-assessee, filed…
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) directed a fresh assessment in a case involving the disallowance of commission payments for non-deduction of TDS under Section…