Learn about the mandatory annual audit for real estate projects under the Karnataka RERA, including the filing process and penalties for non-compliance.
The ITAT Raipur ruled that unpaid VAT and Service Tax not claimed as a deduction in the P&L account cannot be disallowed under Section 43B, upholding a change of opinion as invalid.
This article explains recent changes to India’s fast-track merger rules, including new eligibility criteria for start-ups, unlisted companies, and foreign entities.
A new legal and economic debate is emerging in India over opinion trading platforms, which are currently in a regulatory grey area. A key study examines whether the activity is a game of skill or chance.
Srijan Charitable Trust Vs ITO (Exemption) (ITAT Kolkata) Background Srijan Charitable Trust, registered u/s 12A, filed return of income for AY 2011-12 declaring nil income. The case was reopened u/s 147 based on a survey u/s 133A (27.01.2015) in the case of Herbicure Health Care Bio-Herbal Research Foundation, whose director admitted that donations given by […]
TAT Kolkata reverses Rs.1.33 crore tax addition on Sati Saw Mill’s cash deposits, holding that the money was accounted business receipts.
GST change on granite blocks creates challenges for quarries, impacting input tax credits and working capital. Learn about key strategies.
