ITAT Jaipur deletes additions based on WhatsApp chats and rough diaries, rejects notional interest charges in Manoj Kumar Gupta income tax case.
Discover the impact of the 56th GST Council meeting on India’s pharmaceutical sector, including reduced GST rates on medicines and medical devices. Learn about the new tax structure, benefits for consumers, and challenges for manufacturers.
The Chartered Accountants Association requests tax deadline extensions for TAR, ITR, and 12A renewals, citing severe floods in northern states and persistent technical issues with the Income Tax portal.
All Odisha Tax Advocates Association requests due date extensions for AY 2025-26 ITRs and Tax Audit Reports citing portal glitches, floods, festivals, and compliance load.
Rajasthan GST Practitioners Association requests extension of due dates for AY 2025-26 ITRs and Tax Audit Reports citing compressed timelines and portal issues.
UCO Bank seeks Chartered Accountant firms for Concurrent Audit assignments. Apply online from Sept 7-15, 2025. Check eligibility criteria & scope of work.
Karnataka Taxpayers Association requests extension of 15 Sep 2025 deadline for non-tax audit reports due to portal issues, delays, and compliance overlaps.
A new GST circular clarifies the tax treatment of post-sale discounts, specifying when Input Tax Credit (ITC) can be availed and when discounts are not considered a separate supply.
The Telangana High Court has laid down new guidelines for police and courts when handling FIRs on social media posts, emphasizing free speech and preventing the criminalization of political criticism.
ITAT Ahmedabad upholds PCIT’s decision to set aside an assessee’s tax assessment, ruling that the AO’s failure to investigate a bogus donation claim under Section 80G was erroneous.
