Understand USA corporate tax in 2024, including tax rates, filing deadlines, estimated payments, EINs, and penalties. Stay compliant with updated IRS guidelines.
Telangana HC clarified that capital gains tax applies only when ownership or possession is transferred along with consideration.
Explore what’s taxable and non-taxable in salary, including allowances, perquisites and deductions. Learn key components and tax exemptions under Income Tax Act.
Orissa High Court’s landmark decision quashes rape charges against a man accused of sex on false promise of marriage, emphasizing consensual relationships and legal implications.
ITAT Lucknow quashed assessments in Shri Navin Jain vs. DCIT, citing mechanical approval under Section 153D. Read key details and legal findings.
ITAT Pune rules on Foreign Tax Credit (FTC) in JCIT (OSD) Vs Raj Surendra Mohan Hajela, addressing the delay in Form 67 submission and its impact on tax claims.
Karnataka High Court ruled on V.S. Chandrashekar vs. ACIT regarding tax treatment of land transactions, applicability of Section 50C, and capital gains classification.
Gauhati High Court sets aside GST registration cancellation due to lack of notice and directs reconsideration under COVID-19 limitation extensions.
Gauhati High Court allows a GST defaulter to seek offline restoration of registration, subject to tax compliance under AGST Rules 2017.
Delhi High Court ruled that parallel GST proceedings cannot be initiated against DLF Home Developers Ltd, deferring to DGGI’s jurisdiction.
