Delhi HC asserts that Section 45 PMLA twin test for bail shouldn’t cause indefinite detention, prioritizing liberty when trial delays aren’t accused’s fault.
Explore main sections of India’s Income-Tax Act, 1961, covering income sources, allowances, perquisites, deductions, advance tax, and compliance requirements.
ITAT Ahmedabad upholds CIT(A)’s ruling dismissing Revenue’s appeal on unexplained cash credits. Genuineness confirmed in remand report for A.Y. 2016-17.
Service tax is only payable on the MDR and not separately on the interchange fee charged between the acquiring and issuing banks.
Understanding how your money grows is crucial for making smart financial choices, especially when it comes to mutual fund investments. One of the most powerful concepts in investing is compounding.
ITAT Ahmedabad allows registration under section 12AB, clarifying that section 13(1)(b) applies only at the assessment stage.
ITAT Kolkata cancels ₹20,000 penalty imposed on SNG Microns by NFAC, citing lack of proper notice and communication as grounds for the decision.
ITAT condones a 2,330-day delay in appeal filing due to the death of the chartered accountant, Covid-19, and the bonafide belief in ongoing rectification efforts.
ITAT Mumbai restores Ivan Santosh Fernandes’ appeal, citing Covid-based extension, for reassessment on AY 2012-13. Penalty appeal also directed for fresh review.
ITAT Mumbai dismisses tax appeal against Old Girtonians Association due to CBDT’s revised monetary limits under Circular No. 9/2024 for appeals below ₹60 lakh.
