The Central Board of Indirect Taxes & Customs has notified the addition of six new entry points for food imports, along with the authorized officers responsible for clearance at these locations.
ITAT Mumbai has ruled that Section 68 additions cannot be made if assessee does not maintain books of account. Court also allowed a deduction under Section 80C.
Learn how India’s Faceless Assessment Scheme works under Section 144B. This summary explains the roles of various units and the step-by-step workflow for tax assessments.
The ITAT Kolkata has ruled that a legal heir is entitled to claim TDS credit on a deceased person’s income, provided the heir has offered that income for taxation.
Government rolls out a formal tax regime for Virtual Digital Assets (VDAs) like cryptocurrencies, Non-Fungible Tokens (NFTs), and similar cryptographic tokens.
Supreme Court clarifies the scope of PE in India, ruling that Hyatt International’s operations are taxable under Indian law.
