Individual taxpayers and Hindu Undivided Families (HUFs) across India are facing undue hurdles while attempting to file TDS Forms 15G and 15H on the Income Tax Department’s portal. The platform…
In a recent ruling, the Delhi High Court ruled that income tax reassessments cannot be initiated after three years from the end of the relevant assessment year, regardless of whether…
In a recent ruling, the Delhi High Court refused to entertain the petition as the impugned GST order rejecting the refund claim was passed after considering the reply and the…
In a significant ruling, the Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that rental income derived by a charitable trust, if incidental and ancillary to its…
In a recent ruling, the Patna High Court quashed preliminary orders and held that notices issued under Section 148 of the Income Tax Act, even under the unamended provisions, must…
In a recent ruling, the Allahabad High Court has quashed the Goods and Services Tax ( GST ) demand of Rs. 2.11 crores which was issued under Section 74 of…
Top Stories Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order] CESTAT ruled that mutual fund investments are neither trading nor…
Top Stories May 2025 Income Tax Compliance Calendar: Key Dates and Deadlines A detailed checklist of all key income tax compliance deadlines and filings due in May 2025 for businesses,…
The Goods and Services Tax Network ( GSTN ) has announced the implementation of Phase 3 for reporting Harmonized System of Nomenclature ( HSN ) codes in Table 12 of…
Top Stories ICAI Releases 10th Edition of GST Acts and Rules – Bare Law with New Amendments [Read Bare Law] ICAI released the 10th Edition of GST Acts and Rules…