News

ITAT Raipur deletes additions for bogus purchases and short yield in P.D. Rice Udyog case, citing lower purchase rates and ...
Learn lawful gifting strategies using debt mutual funds, capital assets, and property transfers to reduce income tax ...
Resignations of Independent Directors raise concerns over their autonomy in promoter-led firms. A legal and governance review ...
If a company (including a Public Limited Company) wants to voluntarily wind itself up these days, it's almost entirely ...
ITAT Lucknow directs re-assessment for Ashok Kumar's petrol pump business, citing denial of natural justice due to exclusive ...
Understand the taxability of royalty income for German companies in India, DTAA applicability, and the procedure for claiming ...
ITAT Delhi held penalty u/s 271(1)(c) unsustainable as 54F exemption failed due to builder delay, not taxpayer’s fault. Full ...
India Post to freeze matured Small Savings Scheme accounts (MIS, SCSS, TD, KVP, NSC, RD, PPF) not closed within three years ...
In commercial law, possession often trumps ownership when it comes to liabilities, obligations, and remedies. This ...
India's Income Tax Department launched a major crackdown on fake deductions and bogus refunds in July 2025. Learn about the ...
Learn about CGST Rule 88B and Section 50, clarifying interest calculation on delayed GST payments and wrongly availed ITC, ...
Understand GST appeal timelines under Section 107. Learn how "month" is interpreted as a calendar month, not fixed days, ...