In a recent case, ITAT Delhi ruled that having a difference of opinion alone is insufficient to invoke Section 263 of the Income Tax Act.
Read latest newsletter from Chairman CBIC, Sanjay Kumar Agarwal, highlighting key events, initiatives, and achievements in the realm of taxation and customs
SEBI introduces a centralized mechanism for reporting investor demise through KYC Registration Agencies. Learn about obligations of regulated entities and transmission process.
More than 30.75 lakh audit reports, including 29.5 lakh Tax Audit Reports, were filed for AY 2023-24 by the September 30 deadline, ensuring timely compliance.
Classification ruling for Nickel Hydroxide Compound containing 92% to 100% Nickel Hydroxide, Cobalt Hydroxide, and Sodium Sulphate by CAAR Mumbai
Technology Absorption details not furnished: MCA imposes Penalty of Rs. 8 Lakh. Find out the background, violation and implications of this case with the MCA’s strong action.
The Supreme Court stays the service tax order against HDFC Bank related to renting of immovable property for commercial purposes. Get insights into the case.
Circular No. 23/2023-Customs mandates additional details for import/export declarations on certain chemical products. Learn changes and implementation dates.
Explore latest amendments to Customs Tariff Act, 1975, affecting spirits for industrial use and actionable claims in online money gaming. Effective from October 1, 2023.
RBI has extended deadline for withdrawal of ₹2000 banknotes to October 7, 2023. Learn about new guidelines and arrangements.
