The Institute of Chartered Accountants of India (ICAI) recently held a convocation across 15 cities, welcoming 13,737 new members to the profession.
Govt amends Notification 77/2023, increasing duty drawback rates for gold and silver jewellery under specified tariff items from October 2025.
ITAT Chennai deletes a ₹832 Cr tax addition on share purchases, ruling that statutory valuation rules under Rule 11UA take precedence over third-party pricing.
A summary of India’s tax framework for Virtual Digital Assets (VDAs), including the flat 30% tax on gains, 1% TDS, and the ITAT ruling on pre-2022 transactions.
The ITAT Chennai has quashed reassessment proceedings against Ashok Leyland Ltd., ruling the AO’s action was based on a change of opinion and not a failure by the assessee to disclose material facts.
Post-tariff, robust costing is crucial for MSMEs to survive and compete. It helps businesses fix prices, reduce wastage, and improve efficiency.
The ITAT Chennai has canceled a penalty against Anna University’s Institute for Ocean Management after the underlying tax addition was deleted by the CIT(A).
ITAT Chennai dismisses the Revenue’s appeal, upholding a temple’s claim for tax exemption under Section 11 despite a delayed registration and return filing for AY 2017-18.
ITAT Chennai invalidates a tax reassessment notice issued by a local officer, affirming the mandatory nature of the faceless tax regime as per judicial precedents.
The ITAT Chennai has ruled that the tax addition on a property’s stamp duty value difference must be shared equally among all joint owners.
