Learn about TDS on Virtual Digital Asset (VDA) transfers under Section 194S, including deductor responsibilities, rates, and consequences of non-compliance.
ITAT Ahmedabad rules that penalties under Section 271D of the Income Tax Act cannot be imposed on loans transacted through banking channels. Details and analysis.
The Delhi High Court quashes the retrospective cancellation of GST registration for Krishna Traders, emphasizing closure of business and fair proceedings.
ITAT Pune provides another chance for evidence submission in relation to trust registration under Section 12AB of the Income Tax Act. Details and analysis.
Delhi High Court closes appeals as Assessing Officer’s income tax addition stands despite a pending Special Leave Petition.
Delhi High Court’s judgment regarding the income tax refund for Assessment Years 2020-21 and 2021-22, after an inquiry by CBDT, and the need for timely remittance.
CESTAT Kolkata rules that service tax is not applicable to rent received for immovable property services prior to June 2007. Details of the case and the verdict explained.
CESTAT Chennai rules no demand can survive against composite works contract contracts prior to 01.06.2007 in the case of Mertho Constructions vs. Commissioner of Central Excise.
CESTAT Chennai rules transporters in mines not considered Goods Transport Agency (GTA) without consignment notes, dismissing Service Tax liability for Ramco Cements.
Learn how the Income Tax Appellate Tribunal restricted the jurisdiction of Section 263 regarding issues not forming part of a limited scrutiny assessment in the case of Aggarwal Promoters Vs PCIT.
