Top Stories Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order] ITAT held that rental income from trust property is taxable as house property income,…
The Income Tax Department has released an updated version of the Excel-based utility tool for individuals and Hindu Undivided Families ( HUFs ) who do not have income from profits…
The Goods and Services Tax Network (GSTN) has announced that, starting April 1, 2025, all businesses with an Annual Aggregate Turnover (AATO) of Rs. 10 crore and above must report…
Recently, the Supreme Court observed the growing concerns over the denial of Input Tax Credit ( ITC ) due to clerical or arithmetical errors in GST return filings and issued…
Top Stories TDS & TCS Rate Changes from April 1, 2025: What You Need to Know From 1st April 2025, Budget 2025 raises TDS exemption limits, removes TCS on some…
Top Stories Non-Mention of DIN Number: Andhra Pradesh HC quashes GST Assessment Order [Read Order] It was viewed that the circular issued by the C.B.I.C., the non-mention of a DIN number…
Top Stories Relief to Toyota: CESTAT Sets aside Order Rejecting Refund of excess CENVAT credit being Contrary to S. 142(3) of CGST Act [Read Order] The transitional arrangements have been…
Top Stories NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtor’s Account Frozen under PMLA: NCLT [Read Order] The panel ruled that when the Corporate Debtor's account was…
Top Stories Assessment Invalid due to Defective Satisfaction Note: ITAT Sets Aside PCIT’s Revisionary Order [Read Order] The ITAT found that the satisfaction note under Section 153C was issued in…
Top Stories Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order] The company argued that the compensation…