CBIC instructs officers to ensure timely submission of records to C&AG audit teams and coordinate with taxpayers for required GST-related documents.
ITAT Delhi holds interest on enhanced land acquisition compensation under Section 28 is tax-free under Section 10(37), not taxable under Section 56.
DGFT notification dated May 2, 2025, immediately prohibits all import and transit of goods from Pakistan, citing national security.
Analysis of ITAT Bangalore order in E. Ashwath Narayan vs. ITO case, focusing on procedural violations and assessment challenges for AY 2015-16.
Explore how Capex is treated under India’s direct and indirect tax laws, focusing on ownership, depreciation, ITC, disposal, and evolving compliance trends.
Kerala GST amends proper officer roles for processing amnesty scheme applications under Section 128A, assigning Section 79 functions to specific officers.
Key compliance dates and requirements for SEBI-registered Research Analysts in 2025 covering reporting, AI disclosure, website, fees, and audits.
KSCAA’s fourth appeal to Karnataka CM for critical upgrades to the Professional Tax portal, addressing technical glitches, payment errors, and registration issues.
KSCAA urges CBDT to clarify the disallowance of Section 87A rebate on Short Term Capital Gains, citing taxpayer hardship and inconsistencies in tax processing.
The right to correct mistakes in the nature of clerical or arithmetical error is a right that flows from the right to do business and should not be denied unless there is a good justification and reason to deny benefit of correction.
