Delhi High Court in IAS Anil Tuteja alleged to be engaged in movement of unaccounted cash through different channels with regard to various sectors in the state of Chhattisgarh held that conspiracy is an issue of fact which can be proved or disproved only during trial.
Read the full text of ITAT Mumbai’s order in Rohinton Homi Sanga Vs DCIT case. No income tax addition for an employee acting on behalf of company directors. Analysis and conclusion provided.
Discover the complexities of business valuation and the three key approaches: Asset, Market, and Income. Uncover the art of blending science and intuition in determining fair market value.
Explore the key announcements of the GST Amnesty Scheme introduced by the CBIC in compliance with the GST Council’s 52nd meeting recommendations. Learn how specified GST taxpayers can benefit from this special scheme.
Explore the impact of GST on the construction industry, covering rates, classifications, Input Tax Credit, and challenges faced by real estate developers, homebuyers, and contractors.
ITAT Chennai rules in favor of Mahasakthi Mills Pvt. Ltd., stating no cash credit addition when the assessee proves the genuineness of business transactions. Full order analysis.
Under section 15 of the MSMED Act, payments to micro or small enterprises must be made within specified timelines. Explore examples and key points for accurate expense deduction.
The Central Bureau of Investigation apprehends a CGST Inspector and two private individuals in a bribery case involving Rs. 10 lakh. Explore the details and legal proceedings.
Explore the latest amendment in the import policy for Glufosinate Technical (HS Code 38089390) under ITC (HS) 2022. Effective from 25.01.2024, understand the revised conditions and implications.
Check the latest Income Tax Notification No. 15/2024 dated 23rd January, 2024. Details on grants approval for State Legal Service Authority Chandigarh under the specified income categories.
