The case involved Tapas Kumar Das, the assessee, whose income tax return for AY 2017-18 was selected for scrutiny under the ...

A practicing Chartered Accountant shall not accept, in a financial year, more than “60” tax audit assignments under Section ...

Conclusion: Whenever, the GST has been paid by using Form GST PMT-06, the tax liability will be discharged to that extent.

Chhattisgarh High Court on Summary Assessment of Debatable Tax Issues; Tax Disallowance on Debatable PF/ESI Deposits Set ...

Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has issued Notification No. 47/2025-Income Tax dated 13th May 2025, granting tax exemption to the Telangana State Pollution Control ...

The Central Board of Indirect Taxes & Customs (CBIC) has issued Instruction No. 10/2025-Customs, dated May 13, 2025, to revise the formats used for reporting arrests and incidents where no arrest is ...

CBIC Reports Customs Cooperation, GST Grievance Mechanism, and ITC Fraud Detection; Weekly newsletter from Chairman, CBIC dated 13/05/2025 ...

Pursuant to certain news reports and review of certain legal proceedings against the promoter of a SEBI registered SM REIT, namely Strata SM REIT having Registration Number IN/SM-REIT/24-25/0004 in ...

Bangalore bench, has ruled in favour of M/s Veer-0-Metals Pvt Ltd, a 100% Export Oriented Unit (EOU), directing the tax authorities to grant a cash refund of unutilized Cenvat credit for the period ...

Key proposals include aligning the Know Your Customer (KYC) review cycle for these FPIs (termed IGB-FPIs) with the timelines prescribed by the Reserve Bank of India for regulated entities, which are ...

Income Tax Appellate Tribunal (ITAT), Delhi bench, has registered the dismissal of an appeal filed by Flovel Energy Pvt. Ltd. for the assessment year 2017-18. The action was taken by the tribunal ...

Given the trust’s failure to provide any explanation for its non-compliance, the ITAT decided to impose a cost of Rs. 5,000 on the trust. The trust is required to pay this amount to the Income Tax ...