AO held that assessee had made repayment of the loan to M/s. Tata Finance Corporation in that financial year to the extent of Rs. 6,71,939 in cash against the loan taken for commercial vehicle.
ICAI announces Mock Test Paper Series I and II for CA Intermediate September 2025 examinations, starting July 21 and August 4, available physically or virtually.
The company had sought a NIL tax deduction certificate under Section 195, arguing that the payments did not constitute royalty either under domestic tax law or the DTAA, and that Intelsat had no permanent establishment (PE) in India.
Sikkim High Court sets aside tax authority’s order, allowing SICPA India Pvt. Ltd. to claim refund of unutilized Input Tax Credit upon business discontinuation.
Calcutta High Court remands Sudarshan Sarker’s GST appeal, citing an unreasoned ex-parte order and non-compliance with Section 107(12) of the Act.
A recent tweet by CA Himank Singla to CBIC India and Infosys_GSTN has opened a Pandora’s Box of frustrations and serious allegations regarding the Goods and Services Tax (GST) registration process in India.
Explore how mutual funds, through long-term compounding, have generated significant wealth for investors, offering a practical alternative to identifying rare multi-bagger stocks like Wipro.
SC upheld Gujarat HC’s decision to quash reassessment notice issued by Income Tax Department, citing lack of new material & change of opinion
SEBI introduces validated UPI handles and ‘SEBI Check’ from Oct 2025 to enhance investor protection and combat fraud through secure, verified payments.
SEBI circular outlines mandatory standardized UPI IDs for registered intermediaries to enhance investor payment security. New handles and verification tools launch.
