ITAT Mumbai sends back a tax case for fresh hearing, ruling that the assessee must be provided with the reasons for reopening the assessment before a final order is passed.
ITAT Bangalore sets aside a CIT(A) ex-parte dismissal, giving an assessee one more chance to present documents and a case for their disallowed expenses.
A Mumbai businessman, Tribhuwan Chittranjan Sinha, received bail in a Rs.9.19 crore GST fraud case, with the court noting his cooperation with the investigation.
The Supreme Court ruled that tax authorities must issue a final, reasoned order in SCN proceedings. A taxpayer’s payment does not waive their right to contest the demand.
Learn about the Updated Income Tax Return (ITR-U) under Section 139(8A). Discover its benefits, eligibility, and the process for filing to correct mistakes and report omitted income.
ITAT Bangalore rules that a CIT(A) cannot dismiss an appeal ex-parte for non-compliance. The court sets aside the order, instructing the CIT(A) to re-hear the case on its merits.
A summary of India’s MOOWR scheme, detailing its core features like duty deferment and perpetual licensing, along with its limitations and strategic implications for global manufacturers.
Understand the new Income Tax Bill 2025 and its key changes, including the new tax regime, tax-exempt pensions, and relaxed deadlines for updated returns.
The Directorate General of Foreign Trade (DGFT) has issued new Standard Input Output Norms (SIONs) to streamline the export of specific chemical products.
The 56th GST Council Meeting will be held in New Delhi on September 3rd and 4th, 2025, with a preceding officers’ meeting on September 2nd.
