Naveen Bolia Vs ITO (ITAT Jodhpur) The case of Naveen Bolia Vs ITO, adjudicated by the Income Tax Appellate Tribunal (ITAT) Jodhpur, revolves around the legality of assessment and the merits of certain additions made by the Assessing Officer (AO). The appellant, Naveen Bolia, challenged the assessment order on two primary grounds: the legality of […]
Penalties under Section 271(1)(c) cannot be imposed based on estimated additions without concrete evidence of concealment or inaccurate particulars of income.
Missed the ITR filing deadline? Learn the penalties, interest charges, and restrictions. Understand the consequences and how to file belated or updated returns.
Fibe plans to raise ₹3,000 crore in debt for pan-India expansion in FY25. The fintech firm, having recently raised $90M, targets significant growth.
Learn about the new Section 194T, its implications on TDS for partners’ remuneration, and the interplay with Section 40(b) from the latest budget amendment.
Rajasthan High Court rules on CIT Kota Vs World Wide Stone case, addressing deductions under Sec. 80 IB for activities involving mining, cutting, and polishing.
सुप्रीम कोर्ट ने राज्य बार काउंसिलों द्वारा अत्यधिक नामांकन शुल्क को अवैध ठहराया, अधिवक्ता अधिनियम की धारा 24(1)(F) के अनुसार शुल्क सीमित किया।
Explore the detailed analysis of Time of Supply (TOS) provisions under GST, including the point of taxation for goods and services.
Calcutta HC ruled that recruiting stenographers and bench clerks on a contractual basis will hinder district judiciary operations, emphasizing the need for regular employees.
Discover Section 194T’s new TDS regulations on payments to partners, including salary, commission, and interest. Effective April 2025, learn key provisions and compliance tips.