ITAT Delhi held that registered deed of new property not mandatory for claiming exemption under section 54F of the Income Tax Act. Investment in property and possession thereof sufficient for claiming exemption.
CESTAT Delhi held that re-assessment will come to an end once the goods are exported in case of Shipping Bills and once the officer gives an order clearing the goods for home consumption in case of imports.
New GST rules, effective Oct 2023, limit return filing to three years from the due date. This applies to GSTR-1, 3B, 4, and other key forms. Enforced on the GST portal from July 2025 tax period. File outstanding returns promptly.
Gujarat High Court held that appeal filed within extended time on 15.06.2016 as per Circular No. 20/2016 dated 26.05.2016 cannot be dismissed on the ground of delay. Thus, order set aside and matter remanded to CIT(A).
GST Portal advisory states GSTR-3B auto-populated liability will be non-editable from July 2025 tax period. Amendments must be made via GSTR-1A before filing GSTR-3B.
This guide explains the special tax treatment applicable to Joint Development Agreements under Section 45(5A). It highlights when capital gains become taxable and how consideration is determined.
