“ITAT Mumbai upholds tax exemption for share of profit from partnership firm, rejects addition u/s 68 due to non-payment of taxes by the firm. Read the full ruling.
It is with a deep sense of satisfaction and fulfilment that I demit office today after putting in 38 long years in this glorious Service. I have been particularly fortunate to have had the opportunity to serve the nation and you as Chairman of the Board in the final leg comprising almost two years.
ITAT Mumbai rules in favor of a production supervisor, declaring no illegality in adopting presumptive tax under section 44AD. Full analysis of the case.
CESTAT Chennai grants approval for the amendment of shipping bills in the case of Regin Exports. The rejection of the request by the authorities is set aside, citing the absence of examination as an insufficient reason for denial.
CESTAT Chennai allows the appeal by VNMS Ayyachamy Nadar & Bros against the order of the Commissioner of Customs. The revocation of the CHA license is set aside, and a partial forfeiture of the security deposit is upheld.
SEBI introduces a comprehensive master circular for online dispute resolution in the Indian securities market. Learn about the ODR Portal, conciliation, arbitration, and more.
ITAT Mumbai allows the appeal by Jerry John Mendonca against the order of the Ld. CIT(A) for AY 2011-12. The ITAT imposes a cost of Rs. 5,000 on the assessee for non-compliance, to be paid to the PM Relief Fund.
Maharashtra State Tax Commissioner issues a trade circular clarifying the appeal process regarding the non-constitution of the GST Tribunal as directed by the Bombay High Court.
Read latest notification (No. 04/2023) from Ministry of Finance, Department of Revenue, allocating jurisdiction among Competent Authorities under Benami Property Transactions Act.
Ministry of Finance notifies goods and services eligible for export on payment of integrated tax and refund claim. List of exempted goods specified.
