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Archive: 09 February 2025

Posts in 09 February 2025

AO not examined computation of book profits: Section 263 Revocation Justified

February 9, 2025 1617 Views 0 comment Print

Bombay High Court upholds CIT’s revisional jurisdiction in KEC International’s tax dispute, dismissing the appeal on Section 115J and 32AB adjustments.

Delay in Revocation of GST Registration Allowed on Full Dues Payment

February 9, 2025 930 Views 0 comment Print

Orissa High Court allows delay in GST registration revocation on payment of dues in Abhaya Kumar Sethi’s case.

Orissa HC Reduces GST Appeal Deposit Amid Delay in GSTAT Formation

February 9, 2025 522 Views 0 comment Print

Orissa High Court grants interim relief in a GST appeal, reducing deposit requirements due to the non-constitution of the Appellate Tribunal.

Orissa HC Allows GST Registration Cancellation Revocation on Payment of Dues

February 9, 2025 741 Views 0 comment Print

Orissa High Court allows revocation of GST registration cancellation if dues are paid, condoning delay in application under Rule 23 of OGST Rules.

Taxation of International Transactions In India Under Income Tax Act 1961

February 9, 2025 6324 Views 1 comment Print

Learn how international transactions are taxed under India’s Income Tax Act, including DTAAs, transfer pricing, TDS provisions, and compliance essentials.

Union Budget 2025 – Key Direct Tax Highlights

February 9, 2025 3369 Views 0 comment Print

Discover the latest updates from Union Budget 2025, including revised tax slabs, withdrawal of Section 206AB, higher deductions, and extended filing deadlines.

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