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Form 26AS-Revenue Mismatch

Bombay High Court Restrains Withdrawal of Bank Funds and Creation of Third-Party Rights Over Attached Assets Pending Adjudication

The Bombay High Court has restrained the withdrawal of bank funds and creation of...

Invoice and Bank Payment Alone May Not Prove Business Expense; Taxpayers Need Evidence of Actual Goods or Services

Taxpayers claiming substantial expenditure towards subcontracting, freight, consultancy and professional services may need to...
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Bombay High Court Restrains Withdrawal of Bank Funds and Creation of Third-Party Rights Over Attached Assets Pending Adjudication

The Bombay High Court has restrained the withdrawal of bank funds and creation of...

Invoice and Bank Payment Alone May Not Prove Business Expense; Taxpayers Need Evidence of Actual Goods or Services

Taxpayers claiming substantial expenditure towards subcontracting, freight, consultancy and professional services may need to...

ICAI Extends MEF 2026-27 Filing Deadline to September 9; No Further Extension to Be Granted

The Institute of Chartered Accountants of India (ICAI) has extended the last date for...

GST System Faces Major Operational Gaps Even After 9 Years; ₹12,000 Crore Reportedly Stuck in 8,000 Cases

Nine years after the rollout of the Goods and Services Tax (GST), several structural...