GSTAT directed refund of ₹2.67 lakh profiteering with 18% interest, accepted revised DGAP computation, and held no penalty under Section 171(3A).
Beware of fake Income Tax emails sent from QQ Mail or Gmail IDs. Learn how to identify phishing scams, verify genuine notices, and protect yourself from cyber fraud.
Guide explains registration of a society as a Section 8 company under Section 366, covering eligibility, procedure, documents and legal framework.
CBDT will display foreign income and asset information in AIS, requiring taxpayers to verify disclosures, report foreign assets and reconcile ITR details.
Section 123 read with Schedule XV explains deduction for term insurance premiums, ₹1.5 lakh limit, old tax regime requirement and related conditions.
A fake WhatsApp message impersonating the Income Tax Department is being circulated to taxpayers across India. The message falsely claims that a tax inspection has revealed irregularities and threatens legal action unless the recipient reviews attached documents and complies within 72 hours.
ITAT Kolkata quashed an assessment after holding that the Section 143(2) notice issued by an ITO lacking pecuniary jurisdiction was invalid.
Overview of Section 8 Companies, Trusts and Societies, covering registration, governance, compliance, tax registration and key selection factors in India.
Article discusses GST pre-deposit under Sections 107 and 112, the Manoranjan Dash ruling, and adjustment where the first appeal reduces tax demand.
Explains Section 130(1)(v) of the GST Act, MOV-10 proceedings, transporter defences, practical compliance steps and the Asgar Ali ruling.