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Archive: 23 May 2025

Posts in 23 May 2025

Co-op Society eligible to Section 80P Deduction on Interest from Co-op Bank

May 23, 2025 2028 Views 1 comment Print

A cooperative society’s appeal for Section 80P deduction on interest from cooperative banks is allowed, citing judicial precedents from the ITAT.

Financial Planning for Women: A Guide

May 23, 2025 2379 Views 0 comment Print

Learn effective financial planning strategies for women, including emergency funds, budgeting, goal setting, and managing cash, to navigate financial challenges.

No additional liability for Clerical error in filing GSTR-3B: Patna HC

May 23, 2025 6954 Views 0 comment Print

Patna High Court directs GST authorities to allow rectification of GSTR-3B return to align with GSTR-1, citing inadvertent clerical error and judicial precedents.

Flats in Mumbai Do Not Transfer By Themselves: Understanding Title & Succession

May 23, 2025 4344 Views 1 comment Print

Without valid documents, Mumbai flat owners face issues in redevelopment, sale, or inheritance. Nomination alone doesn’t ensure legal ownership.

GST Writ petition not maintainable unless statutory remedy to appeal exhausted

May 23, 2025 1017 Views 0 comment Print

Chhattisgarh High Court rules writ petition not entertainable without exhausting statutory appeal under CGST Act Section 107.

ITC Blocking Under Rule 86A Without ‘Reasons to Believe’ and Evidence is Unsustainable: HC

May 23, 2025 1620 Views 0 comment Print

Patna High Court upheld ITC blocking under Rule 86A due to a non-existent supplier, deeming it an interim measure. The court noted the availability of a review remedy under guidelines.

Concept of ‘on money’ during Search and Surveys

May 23, 2025 9063 Views 0 comment Print

This summary explains ‘on money’ in real estate, how it’s identified during searches, the burden of proof, and key issues in its taxation, including deductibility of expenses and extrapolation.

10 Amazing Places To Visit In Nainital

May 23, 2025 921 Views 0 comment Print

Planning a trip? Here’s a detailed look at the 10 most beautiful places to visit in Nainital, each offering its own unique charm and reason to explore.

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