The case highlights concerns over an officer pressuring a CA to sign GST documents like an audit report and threatening ...

The Tribunal found that the assessee’s audited accounts, finalized before demonetisation, clearly established sufficient cash ...

Discover why ULIPs offer better returns, flexibility, and dual benefits compared to tradition-al savings plans, making them ...

The ITAT ruled that additions under Section 69 based solely on third-party statements and unverified documents cannot stand. Key takeaway: credible, corroborated evidence is essential for tax ...

A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra ...

A clear breakdown of mandatory financial details—assets, liabilities, and income—that candidates must disclose in nomination affidavits. Key takeaway: transparency is enforced to help voters make ...

The import of unstudded platinum jewellery (HS 71131921) is now restricted until April 2026, requiring DGFT approval for ...

The appeal filed by the Revenue for AY 2019-20 was dismissed as the assessee submitted all relevant documents to the AO. Written submissions and VAT summaries are not additional ...

Since the CIT(E) had already accepted the assessed income by issuing Form 4 under the DTVSV Scheme, initiating revision later was held impermissible. Key takeaway: once settled under DTVSV, the ...

The IBBI proposes measures to enhance transparency, disclosure, and accountability in corporate insolvency resolution, including allottees’ inclusion and CoC ...

ITAT Chennai held that an appeal filed under the Black Money Act with a 5-day delay cannot be condoned without a notarised affidavit supporting the delay. The appeal was dismissed in limine, ...

ITAT Delhi held that the PCIT’s sanction under section 151 was granted before the AO recorded reasons to reopen the assessment, violating mandatory procedural requirements. As the jurisdictional ...