#section 56
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IGST Refund Interest Cannot Be Denied even if interest not claimed: Delhi HC

Only Provisional Liquidator Can Represent a Company in Liquidation, Not Resigned Chairman: Delhi HC

Section 80P(2)(a)(i) deduction eligible on Income from Loans to Nominal Members

Return Filing Mandatory for claiming Section 80P Deduction: ITAT Bangalore

GST Refund Eligibility for PayPal Payments: HC Verdict

Proviso to Section 56(2)(vii)(b): Stamp Duty Value on Date of Agreement applies

Section 56 Interest cannot be Denied for GST Refund Application Discrepancies

Angel Tax in India: Impact, Reforms & Exemptions

Section 80P(2)(d) Deductions for Statutorily Mandated Investments & Cost of Funds Entitlement

Arbitration Reference Doesn’t Bar Examination of Stamp Duty issues in Writ: Delhi HC

Section 56(2)(viib) Inapplicable for Share Allotment at Premium by Subsidiary to Holding Company

Section 80P(2)(d) Deduction eligible on Interest Income of Co-Op Societies from Investments in Unlicensed Co-op Banks

Safe Harbour Limit of 5% Under Section 50C(1) Deemed Retrospective

HC Directs Interest Consideration for Delayed CENVAT Credit Carry Forward
Explore the latest section 56 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
