Delhi High Court ruling on PCIT Vs Burda Druck India Pvt. Ltd. explores AO’s authority in deciding business loss carry forward. Full text and analysis here.
Explore the Tiffins Barytes vs. Commissioner of CE & ST case at CESTAT Bangalore. Learn about the abatement of appeal and its implications under Rule 22.
Delhi High Court orders Income Tax Department to release Rs. 87,89,440 refund to Tirupati Buildings Private Limited, adjusted against outstanding demand for AY 2011-12.
Explore the Kerala High Court’s judgment on denial of GST transitional credit. Learn how the petitioner availed statutory appellate remedy, and the court’s directive for an expedited appeal decision.
Delhi High Court directs Income Tax Department to remit Rs 44.6 lakhs refund in the Syed Habeebur Rehman vs. DCIT Circle 28(1) & Ors. case, resolving a dispute over AYs 2010-11 and 2014-15. Full judgment details.
Delhi High Court rules in CIT Vs Vardhman Overseas Ltd. that non-payment to creditors, shown in balance sheets, doesn’t imply benefit under Section 41(1) IT Act, safeguarding the principle against double taxation benefits.
Explore the latest RBI circular (RB I/2023-24/90) advising regulated entities on AIF investments, addressing concerns of evergreening through new guidelines.
Stay informed on the latest Income Tax Rule changes with Notification No. 104/2023 by the Ministry of Finance. Learn about amendments and their impact.
Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and increased testing. Read more.
Explore the steps taken by the Ministry of Finance to empower farmers with increased credit access. Learn about RBI guidelines, Kisan Credit Card benefits, and financial support for small and marginal farmers.
