ITAT Bangalore held that delay of 1809 days in filing of an appeal condoned since reasonable cause shown for the delay. Accordingly, appeal allowed and AO directed to allow Foreign Tax Credit after due verification of Form 67.
ITAT Surat held that the delay in filing the appeal before CIT(A) is not deliberate or intentional or due to gross negligence on the part of the assessee. Accordingly, delay of more than 2 years condoned and matter remanded back to CIT(A).
A step-by-step guide to choosing the right online loan in Sri Lanka, with tips on comparing lenders, understanding loan terms, and using CashX.lk.
Bombay HC directs processing of refund claims and accountability for delayed GST refunds from 2014, with interest and action against officials.
Classification cannot be changed merely because 8 digit classification has been introduced, CESTAT sets aside demand of differential duty along with penalties
Bombay High Court remanded the SVLDRS-3 order due to non-compliance with natural justice principles, restoring the matter for re-verification and hearing.
Explore the taxation framework for startups in India, including tax holidays, ESOPs, and angel tax exemptions under the Income Tax Act.
SEBI’s Mutual Funds (Third Amendment) Regulations, 2024 introduces Specialized Investment Funds with accredited investors and specific applicability guidelines.
SEBI amends Research Analysts Regulations (2014) with updates on business activities, definitions, and new clauses to enhance regulatory clarity.
SEBI has amended the Investment Advisers Regulations 2013, introducing changes like part-time adviser definitions, qualification requirements, and compliance obligations.
