ITAT Ahmedabad held that addition under section 68 of the Income Tax Act unsustainable since revenue/ department failed to establish that LTCG earned is non-genuine. Accordingly, appeal of revenue dismissed.
CBDT Notification 36/2025 requires sellers to collect TCS on luxury goods like watches, art over ₹10 lakh from April 22, 2025. Learn how it affects buyers & sellers.
Supreme Court held that that the preliminary inquiry is not mandatory under the Prevention of Corruption Act, 1988 when the secret information itself discloses the commission of offences. Accordingly, appeal is allowed.
GST registration allows business entities to legally collect tax from customers as well as claim input tax credits on their procurements. In other words, once registered, the business receives a unique 15-digit GST Identification Number (GSTIN).
A concise analysis of GST inspection, search, seizure, and arrest provisions post Budget 2025, including judicial guidance and taxpayer safeguards.
Explore mechanisms for resolving industrial disputes in India, including conciliation, arbitration, and adjudication under Industrial Relations Code, 2020.
NCLAT Delhi held that granting waiver u/s. 244(1)(b) of the Companies Act, 2013 justified in a petition alleging oppression and mismanagement in the Calcutta Cricket & Football Club. Accordingly, appeal dismissed.
Learn about fixed and floating home loan interest rates. Know how each affects your monthly payments, loan tenure, and overall cost. Make an informed decision for your home loan.
Owning a home is a dream for many, but a home loan is a long-term financial commitment that can span several years. Given rising living costs, prepaying your home loan can be a strategic move to reduce your debt burden.
#AD Equity-Linked Savings Schemes (ELSS) are among the best tax-saving investment options available in India. These funds offer the dual benefits of wealth creation and tax savings under Section 80C of the Income Tax Act. As a category of ELSS mutual funds, they primarily invest in equities, ensuring higher returns than traditional tax-saving instruments like […]
