The Gauhati High Court has held that interest on refund under Section 244A of the Income Tax Act, 1961 applies only to those cases where refund is delayed by the…
Top Stories Availment of Blocked Input Tax Credit on CSR Expenses before 01.10.2023: How to Reply to GST SCN [Find Draft Format Here] In this article, we provide clarity on…
Top Stories Period of Limitation: A Check Post for Income Tax Assessments When there is a lapse in complying with a timely issue of order by the concerned officer, it…
India’s net direct tax collection has increased by 15.41% this financial year, reaching more than Rs. 12.1 lakh crore as of November 2024. This growth reflects the strength of the…
Top Stories Notice Sent to Non-Existent Entity Post-Merger Deemed Invalid: Karnataka HC quashes Income Tax Notice [Read Order] Considering the notice issued to a non-existent entity after the merger, the…
Top Stories GSTN issues Advisory regarding GST IMS during Initial Phase of Implementation IMS, being a new functionality introduced on the portal, there may be cases where in the initial…
Top Stories Availment of Both GST ITC and Depreciation on Capital Goods: Here’s How to Draft Reply to GST Notice [Find Format Here] Specific provisions within the Central Goods and…
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad recently quashed an Order issued by the Commissioner of Income Taxes (Appeals) – National Faceless Assessment Centre ( CIT (A) ),…
The High Court of Jammu and Kashmir (J&K ) and Ladakh has granted the government two weeks more time to file the latest report with regard to the constitution of…
Top Stories [BREAKING] No Proposal of Implementation of Direct Tax Code, 2025: Sources Addressing the confusion stirred by some recent statements following the Finance Minister’s budget announcement, Chitale confirmed that…