ITAT Bangalore remits a trust’s 80G approval case back to the CIT(E), citing a violation of natural justice for rejecting the application without a proper hearing.
The 56th GST Council meeting simplifies tax slabs, exempts essential goods, and lowers rates on items from medicines to cement. New rates apply Sept 2025.
The GST Council proposes new rates for the paper sector. GST is eliminated on notebook paper, reduced on pulp, and increased on other paper types.
The GST Council has proposed reducing or removing GST on educational items. Erasers, notebooks, pencils, and maps would become tax-exempt.
Bangalore ITAT rules large companies like Infosys BPM & Tech Mahindra cannot be comparables for small captive service providers. Loss set-off also directed.
ITAT Bangalore deletes an unexplained cash addition, ruling that cash deposits during demonetization are not taxable if they are supported by prior bank withdrawals.
ITAT Bangalore quashes a reassessment order for Star Ceramics, ruling that an improper sanction from the wrong authority invalidates the entire proceeding.
A summary of 2025 tax changes impacting e-commerce. Key updates include India’s GST TCS rules, the US 1099-K threshold, and EU and UK reporting mandates.
An analysis of the constitutional dispute over GST on mining royalty. The article examines the legal arguments for why taxing royalty falls under State, not Central, power.
AY 2015-16 assessment under Section 153C held time-barred. Judicial rulings confirm six-year limit runs from handing over of seized documents to AO.
