Supreme Court rejected the bail application of Shri Satyendar Kumar Jain and others involved in the case of money laundering as appellants have not complied with the twin mandatory conditions laid down in Section 45 of Prevention of Money Laundering Act, 2002.
Stay informed with Ministry of Finance Notification No. 35/2024. Learn about the latest specification of ‘Principal Secretary, Planning Department, Government of Uttar Pradesh’ under Income Tax Act, 1961.
Explore the case of Tirupati Developers vs ACIT where ITAT Mumbai ruled no section 50C addition for PGBP income in a redevelopment project.
Learn how online gaming habits can lead to income tax scrutiny notices under Section 143(2) of the Income Tax Act, 1961. Understand the pitfalls and avoid costly mistakes.
Check out the updated TDS rates for FY 2024-25 (AY 2025-26) for various payment types. Stay informed about individual/HUF and others’ TDS rates.
Read the detailed analysis of ITAT Kolkata’s decision in Jai Trading Co. vs. ITO regarding the allowance of commission payments as business expenses. Full text included.
CESTAT Ahmedabad clarifies that minor discrepancies shouldn’t lead to recovery of customs refund if CA certifies stock report. Learn more about Santosh Timber Trading Co Ltd Vs C.C.
ITAT Bangalore directs re-examination of Long-Term Capital Gains (LTCG) dispute concerning a property whose sale was canceled by a Civil Court. Details of Mangalagiri Tulasi Vs ITO case.
Explore the CESTAT ruling in Winsome Breweries Ltd vs Commissioner case regarding service tax implications on beer manufacturing services provided to United Breweries Limited (UBL).
Delve into the analysis of Rajasthan State Road Transport Corporation vs Joint Commissioner of Central Excise And Service Tax (CESTAT Delhi). Understand the implications of extended period limitations and intent to evade duty in tax cases.
