Top Stories Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment] The Supreme Court observed that…
The Kerala High Court directed the Income Tax Commissioner to expeditiously dispose of the rectification petition filed under section 154 of the Income Tax Act, 1961. Unitac Energy Solutions (India)…
The Government of India, Ministry of Finance Department of Revenue, the Central Board of Indirect Taxes & Customs(CBIC), through the office order No.67/2025 dated the 04th April, 2025 issued the…
The Press Information Bureau (PIB) through a press release stated that the Income Tax Appellate Tribunal (ITAT) has recorded over 26,000 electronic filings of appeals and applications through its dedicated…
In a recent decision the Telangana High Court held that Handling of Cargo in Customs Areas Regulations for which cost of living expenses recoverable from the customs cargo service provider…
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,…