The Rajkot Bench of Income Tax Appellate Tribunal ( ITAT ) ruled the appeal infructuous in a case concerning the denial of a Section 80P of Income Tax Act,1961 deduction…
Top Stories No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order] The ruling reinforces that ITC blocking is a severe and exceptional…
Top Stories How to Claim Tax Deduction on Donation Under Income Tax Act,1961? By Yogitha S. Yogesh - On July 8, 2024 2:56 pm - 6 mins read Donating to…
Top Stories Case digest on Deduction u/s 80 G of Income Tax Act By Aiswarya Krishnadas - On May 6, 2024 4:00 pm - 14 mins read What is Section…
The Commissioner of Income Tax (Appeals) [CIT(A)] has determined that the Centralized Processing Centre (CPC) erred in restricting the rebate available under Section 87A. Thus, it allowed the 87A rebate…
Top Stories Rental Income from Business Assets to be Taxed Under ‘Income from House Property’, Not as Business Income: ITAT [Read Order] The ITAT ruled that rental income from business…
Top Stories From Email to GST Portal/Newspaper: GST Notice Communication u/s 169(1) Refined by Madras HC Decision The court has ruled that the personal delivery or e-mail mode should be…
Top Stories Essential GST Compliance Checklist for FY 2025-26: Deadlines & New Portal Updates Essential GST Compliance Checklist for FY 2025-26: Stay ahead with key deadlines, new portal updates, and…
The Assistant Commissioner of CGST & Central Excise, Mumbai Central, granted relief to Woodpecker Movies Private Limited by rectifying and dropping the GST demand of Rs. 26.72 lakh citing retrospective…
Top Stories ITC on Motor Vehicles: Avoid Costly Mistakes and Claim it Right A complete guide to understanding ITC on motor vehicles under GST, including eligibility, restrictions, demo vehicle ITC…