Delhi High Court quashes Income Tax notice under Section 148A(d) for AY 2019-20, granting two weeks to file a comprehensive response. Learn more about the case.
GST Act से उत्पन्न समस्याओं के संबंध में माननीय श्री नरेंद्र मोदी जी प्रधानमंत्री भारत सरकार को पत्र प्रेषित आदरणीय प्रधानमंत्री जी, सादर नमस्कार, महोदय, निवेदन यह है। कि आपके मार्गदर्शन में हमारा देश दिन प्रतिदिन उन्नति की ओर अग्रसर है। इस उन्नति के लिए आपके द्वारा एक क्रांतिकारी कदम देश में एक टैक्स एक […]
Learn about tax implications of land acquisition, including capital gains, TDS, exemptions, and penalties. Understand Section 194LA and Section 10(37).
GST Council’s latest recommendations on Special INR Vostro account remittances provide exporters with clarity, simplifying GST refunds and unlocking working capital.
CESTAT Chennai’s ruling in Balmer Lawrie & Co. vs. Commissioner of GST & Central Excise: Central excise duty on metal containers returned as scrap analyzed. No penalty levied.
In Javed Karimkhan Patel vs. ITO, ITAT Pune rules that a son, who did not inherit estate of deceased assessee, cannot be a legal representative in income tax proceedings.
CESTAT Kolkata held that rejection of declared value based on NIDB data on similar goods unsustainable. Accordingly, differential duty demand and imposition of penalty thereon is unsustainable.
In a case involving Anand Persad Jaiswal, ITAT Delhi ruled that interest income earned by a non-resident Indian (NRI) from a foreign bank is not taxable in India under section 5(2) of the Income Tax Act.
In the Archana Rajendra Malu vs. ITO case, ITAT Pune upheld the denial of tax exemption under Section 10(38) of the Income Tax Act due to sham transactions with paper companies.
In the Ravindra R.V. vs. DCIT case, ITAT Bangalore remits the denial of HRA exemption under Section 10(13A) back to the AO for reconsideration due to lack of salary breakup.