Explore the latest Income Tax changes with Ministry of Finance Notification 14/2024. Learn about retrospective effects and amendments for 2020-2025.
Kerala High Court rules failure to grant a hearing against draft assessment order violates natural justice. Read the full judgment and its impact on the assessment process.
Explore significance of Finance Act 2023 amendment to Section 43B of Income Tax Act. Learn how it affects deductions for Micro and Small Enterprises (MSMEs) and its implications.
Appellate authority passed the appellate order very first date of hearing only on one notice- Calcutta HC Set Aside Order for Violating Natural Justice
Discover the Shri Ram Janmabhoomi Teerth Kshetra Trust, its role, and how donations for the Ram Mandir can fetch Section 80G tax deductions. Learn online donation steps and claim tips.
Explore the Madras High Court ruling in Comfort Shoe Components vs. Assistant Commissioner case. Section 62(2) time limit not mandatory for GST return filing, providing relief.
Explore the ITAT Bangalore ruling in Shaon Paul vs. ITO case. Addition under section 69A upheld due to imprudent retention of a sum for a long period. Details here.
Read about Madras High Court’s decision invalidating penalty under Section 27(4) without a show cause notice. Learn about the case T. V. Sundram Iyengar and Sons Limited Vs Assistant Commissioner (ST).
Explore the ITAT Bangalore ruling in Sri Kanyakaparameshwari Vividoddesha Sahakara Sangha Niyamita vs. ITO case. AO’s 15% flat rate on ad-hoc basis for cost of funds deleted. Details here.
Explore the TVS Srichakra Limited vs. DCIT case at ITAT Chennai, where failure to file Form 10CCB results in disallowance of deduction under Section 80IC. Read the detailed analysis and conclusion.
