Budget
Direct Tax
CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC
In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...
GST
Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader
A brazen case of impersonation and extortion has come to light in Bengaluru, where...
Notification
Economic Survey 2024-25: Key Pointers On Taxation
Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in the Lok Sabha...
Live Updates
LIVE UPDATES: Economic Survey 2024-25
The Economic Survey 2024-25 will be presented by Union Finance Minister Nirmala Sitharaman today,...
Notification
These 8 Promises Of Union Budget 2024-25 Fulfilled By The Government
The government has made various promises in Union Budget 2024-25 out of which 8...
Columns
ICAI Submits Pre-Budget Memorandum 2025 On Direct Taxes and International Taxation To Government
The Institute of Chartered Accountants of India (ICAI) has submitted this Pre-Budget Memorandum -...
Direct Tax
BREAKING | Union Budget 2025: CBDT Working On Simplified  Version Of Income Tax Laws
The Union Government is preparing the Union Budget 2025, which shall be presented on...
Indirect Taxes
Clinical Trial On Drugs Supplied By Foreign Service Recipient Amounts To “Export Of service”: Ahmedabad CESTAT
The Customs, Excise & Service Tax Appellate Tribunal, Ahmedabad ruled that the clinical trial...
Direct Tax
Order Passed In appeal U/S 35(2) Of Revenue Code Is Revisable Under Section 210: Allahabad High Court
The Allahabad High Court ruled that the order passed in appeal u/s 35(2) of...
GST
Human Error In Mentioning Place Of Delivery In E-Way Bill: Allahabad High Court Quashes Penalty Under GST
The Allahabad High Court quashed the penalty under GST while stating that there was...
Direct Tax
Income Tax Addition Can Be Made Only On Proper Proof Of Bogus Purchases: Bombay High Court
The Bombay High Court has ruled that the income tax addition could be made...
Direct Tax
AO Can’t Interfere In The Method Selected For The Valuation Of Shares: Bangalore ITAT
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the AO cannot interfere...
GST
Transfer Of Title Of Goods By Panasonic To Its Customers In DTA Is Not A Supply: Tamil Nadu AAR
Author: Khushi J PrajapatiThe Tamil Nadu Authority for Advance Ruling (AAR) ruled that...
Direct Tax
ITAT Allows Loss On Account Of Error Trading Transaction To Morgan Stanley
In a major relief to Morgan Stanley India Company Ltd., the Income Tax Appellate...
Latest articles
Direct Tax
CBDT Clarifies LTC, Medical Reimbursement & Sections 80DD/80DDB Not Available Under New Tax Regime u/s 115BAC
In a significant clarification impacting salaried taxpayers and government departments, the Central Board of...
GST
Fake GST Raid in Bengaluru: Housekeeping Staff Impersonate Officers, Extort Rs. 5 Lakh from Tobacco Trader
A brazen case of impersonation and extortion has come to light in Bengaluru, where...
Company & PMLA
ED Moves HC to Cancel WinZO Co-Founder Saumya Singh Rathore’s Bail
The Directorate of Enforcement (ED) has intensified its action against real-money gaming platform WinZO...
Indirect Taxes
No Duty Without Proof of Fresh Import; Relief Granted to L&T on Leftover Bombay High Materials: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has set aside...