IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024: Streamlining online transfers and updated forms. Read the detailed analysis here.
Read the detailed analysis of Kashi Ram Ved Prakash v. Commissioner of Commercial Tax U.P. by Allahabad High Court. The court discusses liability under UP Trade Tax Act and refund implications.
Read the Karnataka High Court judgment directing refund of Rs. 11,21,840 by tax authorities due to non-constitution of GSTAT. Detailed analysis and implications discussed.
Karnataka HC quashes criminal proceedings against Vidya Sachitanand Suvarna, citing jurisdiction issues in forged ITR case with fake CA seal.
Explore India G20 Task Force report on Digital Public Infrastructure (DPI), defining global strategies for economic transformation and development, released by the Ministry of Finance.
Budget 2024 brings into focus the complexities and challenges surrounding presumptive taxation in India, particularly under sections 44AD, 44ADA, and 44AE of the Income Tax Act. These sections, aimed at simplifying tax compliance for certain taxpayers, face scrutiny for their applicability, concessions, and implications on business operations. WHETHER THE PROBLEMS IN THE PRESUMPTIVE TAXATION WILL […]
Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming conventions.
Explore the full text of the ITAT Ahmedabad order where Neo Structo Construction Pvt. Ltd. successfully challenges a ₹3 Cr addition by ACIT. Detailed analysis provided.
Once an assessment has been finalized for a particular year, reassessment cannot be justified merely due to subsequent procedural events like re-registration of property deeds.
Read the detailed analysis of ITAT Delhi’s decision in Rhine Energy LLP vs Assessment Unit, allowing expenses on Buffet Dinner, Liquor, and Govt Taxes as business promotion under section 37(1) of IT Act.
