Top Stories CBDT extends Deadline for Processing of Non-Scrutiny E-ITRs Filed with Refund Claims to April 30, 2024 [Read Order] It is important to note that this relaxation does not…
Bangalore bench of Income Tax Appellate Tribunal ( ITAT ), observed that the delay in filing appeal before the lower authorities happened due to the mistake of assessee counsel. Therefore…
Top Stories Royalty is not payable in Instances of Trading of imported Finished Goods and on Goods repacked in India: CESTAT [Read Order] The bench observed that addition of payment…
The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) recently held that receipts from sale of online videos to Indian clients is not taxable as royalty under India…
Top Stories GST: ITC Allowable for Goods Purchased from External Vendors When Payment is Settled through Book Adjustment in Sale and Buyback Transactions, rules AAR [Read Order] The bench held…
Top Stories Deduction u/s 80P of Income Tax Act cannot be allowed without filing Return of Income: ITAT By Aparna. M - On March 1, 2024 3:33 pm - 2…
Top Stories Finance Ministry implements ECL System for Import Duty Payments on Courier Imports from Today The rollout of ECL for International Courier terminals builds upon the successful implementation of…
Top Stories Exemption u/s11(1) of Income Tax Act Not available for expense incurred for giving Mementos to Presidents and Secretaries of Milk Producers Association: ITAT [Read Order] By Aparna. M…
Hyderabad Bench of Income Tax Appellate Tribunal ( ITAT ), directed readjudication on accounts of addition made under excess receipts from contracts works. The bench during the adjudication observed that…
Top Stories Rs. 10000 Cr GST Bogus ITC Fraud: Noida Police apprehends Mastermind Police arrests 29 Year Old in a Whopping 10000 Crore GST Input Tax Credit Fraud By Manu…