Gujarat High Court held that refund entitled to assessee on the basis of order passed by CIT(A) cannot be unjustifiably adjusted against subsequent year’s demand. Accordingly, AO directed to credit refund amount in bank account of the petitioner.
Learn about Input Service Distributor (ISD) in GST, its implementation, practical procedures, benefits, drawbacks, and compliance challenges.
Companies must report delayed payments over 45 days to MSMEs in a half-yearly return to the Ministry of Corporate Affairs under MSME Act, 2006.
Income Tax offices across India will remain open on March 29-31, 2025, for pending work, as per CBDT order under Section 119 of the Income-tax Act, 1961.
Key GST issues faced by taxpayers, including registration delays, documentation challenges, appeal backlogs, and the need for policy clarity in the GST regime.
Learn about Section 87A rebate applicability on short-term capital gains under the new tax regime for FY 2023-25. Explore legal challenges and taxpayer implications.
The arrest of advocate Zafar Ali highlights the urgent need for the Advocate Protection Act to safeguard legal professionals against unwarranted actions and ensure justice.
Bombay High Court dismisses revenue’s appeal in PCIT Vs Umesh Ishrani case, citing lack of corroboration for loose paper evidence in cash payment additions.
Explore key AI and data privacy legal developments in India since 2024, including the DPDP Act, TRAI rules, court cases, and global AI regulations.
IBBI issues disciplinary order against insolvency professional Umesh Poddar for delayed disclosures and auction process irregularities in a liquidation case.
