ITAT Lucknow directs CIT(A) to reconsider limitation issue in Bharat Shetty’s case, factoring in COVID-19 period for a fresh decision on appeal admissibility.
ITAT Ahmedabad sets aside CIT(E)’s order, directing reassessment of trust’s 12A registration in light of Supreme Court and High Court judgments.
Compare LLP and Pvt Ltd in terms of taxation, compliance, auditing, and ownership. Understand key differences to choose the right business structure.
Understand the tax implications on LTCG of immovable property under Section 112, including holding periods, tax rates, and examples for FY 2024-2025.
Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easing compliance and boosting competitiveness.
Read Prime Minister’s remarks at the beginning of the Budget Session, emphasizing development, gender equality, and youth empowerment towards a prosperous India by 2047.
