The representation highlights large-scale pendency and administrative bottlenecks under Sections 12AB and 80G, urging immediate reforms to ensure timely and fair processing.
Appeals were dismissed earlier as time-barred despite sustained efforts by the assessee through grievances. The Tribunal ruled that absence of negligence and bona fide conduct warranted condonation of long delay.
Explains how real estate transactions with non-residents commonly violate FEMA due to misunderstood eligibility, payment, and repatriation rules, and what compliance requires.
Explains how Section 65 assessments operate, the conditions for valid invocation, and why strict compliance with procedure and natural justice is mandatory.
Explains how the fast-track insolvency process accelerates resolution for eligible companies and the key legal principles governing it.
The new Income Tax Act, 2025 renames charitable and religious entities as Registered Non-Profit Organisations and consolidates all rules into a single overriding chapter for clarity and compliance.
SC held that disciplinary action cannot be taken against judges solely for alleged errors in judicial orders. Ruling underscores that independence and fearlessness of trial judges are vital to rule of law.
29 दिसंबर 2025 की एडवाइजरी के अनुसार आईटीसी रिक्लेम और आरसीएम क्रेडिट अब सिस्टम द्वारा पहले जाँचे जाएंगे। विसंगति होने पर GSTR-3B दाखिल नहीं किया जा सकेगा।
The Tribunal rejected estimated additions based on alleged circular trading due to lack of seized material or cash trail. The key takeaway is that suspicion and presumptions cannot replace evidence in search assessments.
CBIC circulars confirm GST exemption for qualifying services to Governmental Authorities like DMFTs and limited-value horticulture works. The takeaway is clarity through illustrative application.
