Kerala High Court directs the release of seized cash, including demonetized 2000 Rs notes, in the T.H. Fazil vs. State Tax Officer case. Get the full details here.
In a recent case, CESTAT Ahmedabad provides relief to Bajaj Herbals, ruling that no service tax is leviable on advertising agency services provided by foreign-based service providers for marketing. Get the full details here.
The Supreme Court of India grants interim bail to an incarcerated assessee for the purpose of finalizing tax returns under the Income Tax Act and Companies Act.
Taxability of income of charitable or religious trusts: Learn about relief of the poor, education, yoga, medical relief, preservation of the environment & more.
Learn about taxation of Hindu Undivided Families (HUFs) in India. Understand HUF residential status, income computation, deductions, and tax regimes.
Explore special tax regimes for companies, individuals, and co-operatives, including rates, conditions, and exemptions. Learn how to opt in or out of these regimes.
Learn about Section 194R for TDS on benefits or perquisites from business or profession, rates, exceptions, guidelines, and more. Stay tax-compliant with our guide.
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.
