Tag: Tax
Browse our exclusive articles!
Fund Deployment By Indian Broadcasting Foundation In BARC Is Statutory Obligation And Not ‘Investment’: Delhi High Court Allows Income Tax Exemption
The Delhi High Court while allowing the Income Tax Exemption to Indian Broadcasting Foundation has held that fund deployment in Broadcast Audience Research Council...
Genuineness Of Transactions Established: ITAT Deletes Income Tax Additions On Bogus Transaction
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the income tax additions on bogus transactions on the grounds that the genuineness...
New Financial Year 2025-26: Key Tax Changes Effective April 1, 2025
As India enters the new financial year on April 1, 2025, taxpayers are set to experience significant relief following Union Finance Minister Nirmala Sitharaman’s...
Coimbatore CGST Uncovers Rs. 6.53 Crore Gold Tax Evasion; 305 Kg Gold Supplied Without GST, One Arrested
The officers of the Coimbatore CGST Commissionerate uncovered a large-scale case of clandestine gold and jewellery supply without the issuance of invoices. Acting on intelligence,...
This Karnataka High Court Ruling Settles All Aspects Of Input Tax Credit Claims
The Karnataka High Court while settling all aspects of input tax credit (ITC) claims has held that ordinarily, the claim for Input Tax Credit...