The CBDT implements the interim budget’s historic announcement of waiving old tax demands up to specified amounts for certain financial years, providing relief to taxpayers.
Read the detailed analysis and ruling by CAAR Mumbai regarding the import of “Infant milk-based formula Aptamil-C Proteq” by Nutricia International Private Limited. Learn about the third-party invoicing model, eligibility for AIFTA benefits, and more.
Bombay HC quashes reassessment notice and remands case for fresh consideration. Find out the details of this important legal development.
Learn how Delhi High Court ruled that bank account freezing under Section 132(8-A) of Income Tax Act lapses after 60 days. Get insights into Pooja Trading Co. Vs DCIT (Inv) & Anr.
CESTAT Mumbai remands Michigan Engineers Pvt Ltd’s case for re-adjudication, questioning service classification and subcontractor’s role in taxable services.
Explore the constitutionality of provisions for international workers under the EPF & MP Act-1952. Analyzing key aspects, including social security agreements and recent judicial rulings, to understand their impact on both domestic and international workers.
Understand the mandate of appointing internal auditors as per Section 138 of the Companies Act 2013. Explore the criteria for mandatory appointment and the procedural requirements.
Delhi High Court case involves an assessee contesting ₹1.62 crore addition to income tax under Section 153C of the Income Tax Act for AY 2014-15.
Discover the ins and outs of online trading: from its definition to how it operates. Learn how online trading platforms have democratized access to financial markets, empowering traders to manage their portfolios conveniently from anywhere.
HC examined VAT returns filed by petitioner, confirming existence of unutilized advance tax. Referring to Section 140(1) of TNGST Act, 2017, Court emphasized that any unutilized amount of VAT and entry tax in returns shall be allowed to be transitioned, entitling registered person to credit such amount in their electronic credit ledger.
