A landmark decision by ITAT Chennai reinforces the validity of capital gain deductions under Section 54, even when flat possession is delayed. Explore the key aspects and implications of the Anil Kirthisimhan Wijeyanayake Vs ACIT case.
Discover SEBI’s consultation paper on delisting of non-convertible debt securities and the proposed mechanism for voluntary delisting. Learn about the reasons for delisting, scope and applicability, obtaining in-principle approval, and the final delisting application process.
Avoid common mistakes while filing your ITR. Select the correct form, match income with Form 16 and Form 26AS, disclose necessary details, claim proper deductions, and verify your return promptly. Seek expert advice for accurate tax planning.
“Delve into the details of the ESIC Act 1948, its applicability across India, and the procedures for correctly paying contributions under the Act. Learn about your responsibilities as an employer and the potential repercussions of non-compliance.
In Sri Gopal Store vs AO case, Orissa High Court ruled that a minimum of seven days must be provided for compliance with a show cause notice in faceless assessment proceedings
Gujarat High Court in case of Sampatraj Dharmichand Jain Vs ITO concludes that Reassessment notice issued beyond prescribed time period and based on unverified details is invalid.
CESTAT Ahmedabad, in case of Khushi Enterprise vs C.C.E. & S.T.-Daman, has upheld the right to a service tax refund on export of goods, emphasizing that an invoice to an agent is just as valid as an invoice to principal.
इसमें कोई शक नहीं कि दुनिया के लगभग सभी विकसित देश आर्थिक सुस्ती और मंहगाई से परेशान हैं और इसलिए अपने घरेलू सेक्टर पर तबज्जों दे रहे हैं, जिस कारण से विकासशील देशों से माल कम खरीद रहे हैं और ऐसे देश ढूंढ रहे हैं जो इनका माल खपा सकें. यही कारण है कि अमेरिका […]
Unpacking the latest CESTAT Chennai verdict on the PepsiCo India vs Commissioner of GST & Central Excise case, exploring how PepsiCo India was granted the benefit of a 1% duty rate on fruit pulp following a reversal of ineligible credit.
The ITAT Delhi ruling in Arya Samaj Safdarjung Enclave Vs CIT sheds light on the reapplication process for 12A(1)(ac) registration erroneously submitted, encouraging a fresh approach to tax registration for non-profits.
