In this article, we discuss case of Hasmukh Kanjibhai Tadhani Vs ITO (ITAT Surat) involving cash deposits during demonetization, with detailed analysis and outcome
Discover ITAT Surat’s decision in Keshri Export vs. ITO case for Assessment Year 2017-18. Learn why rejection of entire books of account was considered unnecessary
In a significant ruling, ITAT Delhi states that no disallowance under Section 14A read with Rule 8D can be made if no exempt income was earned in previous year.
PFRDA introduces NPS Tier II Default Scheme exclusively for Government Sector Subscribers, offering flexibility, easy withdrawals, and seamless transfers. Learn more.
Ministry of Home Affairs (MHA) has updated the Foreign Contribution (Regulation) Rules. NGOs must now report details of movable and immovable assets created from foreign contributions. Learn more about these changes.
CESTAT Kolkata sets aside demand of proportionate Cenvat Credit as the assessee reverses it with interest. Explore the full text of the CESTAT Kolkata order.
Bombay High Court quashes a 25-year-old show cause notice, citing delay and lost records, allowing refund with interest in EPL Ltd. vs. Union of India case.
Explore the ITAT Amritsar’s order in the case of Smt. Bharti Singh vs. DCIT, involving a remand for accurate fact-finding after negligent appeal dismissal.
In re Nikon India Pvt Ltd. (CAAR Delhi) CAAR held that Nikon Camera Model No. N2120 with standard accessories proposed to be imported by the applicant is correctly classifiable under Sub-heading 85258900 of the First Schedule to Customs Tariff Act, 1975. Also, in terms of, “The Accessories (Condition) Rules, 1963, the said camera along with […]
Explore the key amendments in the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2023, impacting CD personnel, creditors, and ARs.
