New Income Tax Act
GST
Re-Transportation of Machinery for Testing Is Not ‘Supply’; Only E-Way Bill Penalty Applicable, GST Demand Unsustainable: Karnataka HC
The Karnataka High Court has held that the re-transportation of machinery to the original...
Notification
CBIC Discontinues Manual Documentation for Duty-Free Imported Containers to Boost Ease of Doing Business
The Central Board of Indirect Taxes and Customs (CBIC) has discontinued the requirement for...
Direct Tax
New Income Tax Act from April 1, 2026: Know Who Benefits
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026, announced a landmark...
Notification
ICAI Announces Applicability of New Income Tax Act, 2025 for May 2027 Exams
The Institute of Chartered Accountants of India (ICAI), through its Board of Studies (Academic),...
Latest articles
GST
Re-Transportation of Machinery for Testing Is Not ‘Supply’; Only E-Way Bill Penalty Applicable, GST Demand Unsustainable: Karnataka HC
The Karnataka High Court has held that the re-transportation of machinery to the original...
Notification
CBIC Discontinues Manual Documentation for Duty-Free Imported Containers to Boost Ease of Doing Business
The Central Board of Indirect Taxes and Customs (CBIC) has discontinued the requirement for...
Direct Tax
AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax
Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...