Hyderabad ITAT rules that TDS credit cannot be denied solely on account of sales returns. Rule 37BA misapplied when income is declared.
Mumbai ITAT rules Section 263 cannot override AO’s reasoned decision allowing 80G deduction on CSR expenses, citing consistent tribunal judgments.
Hyderabad ITAT rules Ramalingeswara Swamy Temple’s Section 11 exemption cannot be denied for delayed Form 10BB filing if submitted before assessment order.
Understand the legal framework and steps for shifting a company’s registered office between states in India, including MOA alteration and regulatory approvals.
Article explores concept of an open offer—its purpose, conditions under which it is triggered, and provides a detailed step-by-step guide to the process, in accordance with SEBI’s (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Stay informed with key regulatory changes from June 23-29, 2025 across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. Includes DTAA updates, anti-dumping duties, and new SEBI guidelines.
Eight years on, India’s GST faces persistent challenges including complex compliance, flawed ITC, and tech glitches. Discover the unfulfilled promises and needed reforms.
Mumbai ITAT ruled in Sanand Sankardas Vs ITO that reassessment proceedings initiated by a non-jurisdictional Assessing Officer against an NRI are invalid. The tribunal quashed the assessment order, emphasizing that only the International Taxation AO has jurisdiction over NRI cases, rendering notices issued by other AOs void.
Delhi CM advocates for a faceless GST system to streamline dispute resolution, reduce taxpayer burden, and enhance transparency for national economic benefit.
Learn proactive measures to handle GST notices, simplify audits, and mitigate tax litigation risks for businesses. Insights on key precautions and compliance tips.
