The CCI has dismissed a complaint against Google India by Truecaller, citing insufficient evidence of abuse of dominance under the Competition Act.
It is also contended that even if it is assumed that the authority issuing the notice dated 23.06.2024 is a prescribed income-tax authority, he cannot issue a notice but can merely serve a notice.
Explore key ITAT decisions on TCS, TDS credit, and warranty provisions in Ahmedabad, clarifying tax compliance and procedural requirements.
ITAT Ahmedabad held that PFRDA Act, 2013 doesn’t prescribed any due date for payment of employee’s contribution to National Pension Scheme (NPS). Thus, since payment is made before filing return u/s. 139(1), the same is allowable u/s. 43B(b) of the Income Tax Act.
The disallowance occurred due to an incorrect entry in the ITR, and the matter should be reassessed, taking into account the correct disclosure of the loss.
Govt exempts customs duty on Simply Sawn Diamonds imported from 1st July 2017 to 1st Feb 2022, following past non-levy practice. No payment required.
Notification No. 69/2024 amends tariff values for palm oil, metals, and areca nuts. Effective 24th October 2024. Key values remain unchanged from previous rates.
Notification No. 26/2024 updates the Fourth Schedule to the Central Excise Act, 1944, including changes to aviation turbine fuel definitions.
IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detection, prevention & response.
The evidences relied upon by AO in the form of excel sheets did not constitute adequate evidence to draw adverse inference against tassessee, in the absence of any other corroborative evidences.