Initially, the AO added the entire amount of the alleged bogus purchases (100%) to the assessee’s income, treating the entire transaction as non-genuine and effectively considering the expenditure on ...

Allahabad High Court rules GST demand for pre-CIRP period invalid after NCLT approves resolution plan, citing Supreme Court judgments on IBC finality. Allahabad: In a significant ruling reinforcing ...

Due to the tense security situation in the country, the Institute of Chartered Accountants of India (ICAI) has announced the ...

GSTN has made the following changes in the refund filing process under the category “On account of Refund by Recipient of ...

Aggrieved by the assessment order and the addition made under Section 69A, Mr. Vijay Kumar Sharma filed an appeal before the CIT (A) in December 2019. The appellate stage provides taxpayers with an ...

Citing these precedents, the High Court unequivocally stated that charges paid for bandwidth to overseas telecom service providers cannot be construed as royalty within the meaning of Section 9 (1) ...

The Delhi High Court has set aside a Goods and Service Tax (GST) demand order against M/s Jai Optical, observing that the GST ...

Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has dismissed an appeal filed by the Assistant Commissioner of Income-Tax (International Taxation) against Allscripts (India) Pvt.

ITAT Delhi held that loose papers cannot be considered as admissible evidence for making an addition unless backed by ...

The second initiative, the CSMC-Professional Program, is an extension of the MoU signed between ICSI and NISM in July 2024. It is open to students who have completed the CS Executive Program and ...

This notification from the Ministry of Finance, Department of Revenue, issued on 9th May 2025, details an exemption from customs duty on certain imported goods. Under the powers granted by the Customs ...

The case, filed by Satendra Kumar against the State of U.P. and others, challenged a show-cause notice dated September 12, 2022, and an ex parte order dated March 10, 2023, issued by the Deputy ...