ITAT Raipur, in case of Manish Kumar Jain vs. ITO, ruled that Commissioner of Income Tax (Appeals) cannot summarily dismiss an appeal based solely on a delay.
Gujarat High Court held that the proceedings under Section 148 of the Income Tax Act cannot be initiated to review the earlier stand adopted by the Assessing Officer. Accordingly, initiation of reassessment proceedings u/s. 148A(d) on the same ground which is already considered by AO cannot be sustained.
Understand Hindu Undivided Family (HUF) tax rules for asset transfers, including gifts from members and non-relatives, and how clubbing provisions affect income.
Tax audit due date extensions, while providing relief, highlight systemic issues for professionals. This article discusses the challenges faced by CAs and the need for unity.
A practical guide to recent GST changes for the textile industry. Covers new rates on garments, fibers, and carpets, along with e-commerce compliance for sellers.
The ITAT Pune ruled in the case of Nanasaheb Bhagawan Sasar vs. ITO that an assessee is entitled to a full Tax Deducted at Source (TDS) credit, even if the buyer mistakenly deducted the entire amount in the assessee’s name for a joint property sale.
Rajkot Bench of ITAT granted relief to a farmer by deleting an addition for unexplained investment, holding that land purchase was funded by compensation from Reliance Infrastructure.
OEMs can now claim GST refunds for unutilized Input Tax Credit (ITC) caused by an Inverted Duty Structure (IDS). This helps manage cash flow for OEMs.
An overview of the GST Compensation Cess changes as of September 2025. It details the removal of cess on most goods, with it continuing only on tobacco.
An analysis of India’s presumptive tax provisions for non-residents, covering sections 44B, 44BB, 44BBA, and 44BBB. Includes scope, challenges, and DTAA interaction.
