The Kerala High Court has held that 1% of the disputed Value Added Tax (VAT) amount has to be paid to the Kerala Legal Benefit Fund from 07.04.2016. It was…
Top Stories Axis Bank’s ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order] The Tribunal observed that the ESOP expenses were reflected as “perquisites”…
The Goods and Services Tax Network ( GSTN ) has enabled the 2- Factor Authentication for E-Way Bill and E-Invoice System. In a Press release issued by NIC said that,…
Top Stories CBDT releases Supplementary FAQs on the Finance Bill, 2025 [Read Notification] CBDT releases Supplementary FAQs on Finance Bill, 2025, clarifying important tax amendments for investment funds, IFSC entities,…
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…