Saloni

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ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost

ITAT Remands Ex-Parte Search Assessments with Opportunity to Represent and Imposes Rs. 5,000 Cost The Income Tax Appellate Tribunal (ITAT) Delhi remanded ex parte assessment...

Supreme Court to Decide IT Dept’s Scope to Condone 30 Months Delayed ITR Under Section 119(2)(b)

Supreme Court to Decide IT Dept's Scope to Condone 30 Months Delayed ITR Under Section 119(2)(b) The Supreme Court of India is about to clarify...

10th-Grade Dropout Woman Masterminds Rs.2.75 Crore GST Fraud Using 16 Shell Firms; Four Arrested

10th-Grade Dropout Woman Masterminds Rs.2.75 Crore GST Fraud Using 16 Shell Firms; Four Arrested Police have recently exposed a massive GST fraud racket of Rs....

Aurobindo Pharma Faces Rs.169.83 Crore GST Demand Over Alleged Excess ITC Refund; Plans to Challenge

Aurobindo Pharma Faces Rs.169.83 Crore GST Demand Over Alleged Excess ITC Refund; Plans to Challenge Aurobindo Pharma has recently disclosed in its regulatory filing dated...

Tax Authorities Target Executives Earning Over Rs. 50 Lakh for Underreported Income and Fake Exemptions

Tax Authorities Target Executives Earning Over Rs. 50 Lakh for Underreported Income and Fake Exemptions Numerous senior executives are making yearly salaries of over Rs....

ITAT Deletes Rs. 5.28 Lakh Penalty, Rules EPF/ESI Disallowance Not ‘Misreporting’ Under Section 270A

ITAT Deletes Rs. 5.28 Lakh Penalty, Rules EPF/ESI Disallowance Not ‘Misreporting’ Under Section 270A ITAT in a recent case deleted a Rs. 5.28 lakh penalty...

ICAI Holds CA Guilty Under Clause (8) for Accepting Audit Without Informing Previous Auditor; Penalty Imposed

ICAI Holds CA Guilty Under Clause (8) for Accepting Audit Without Informing Previous Auditor; Penalty Imposed The Institute of Chartered Accountants of India (ICAI) Disciplinary...

Income Tax Act 2025: Form 16, 26AS and Other Key Forms Set for Major Renaming and Structural Changes from April 1

Income Tax Act 2025: Form 16, 26AS and Other Key Forms Set for Major Renaming and Structural Changes from April 1 The Ministry of Finance...

Allahabad High Court Quashes GST Orders After Department Contradicts Its Own ‘No Dues’ Finding

Allahabad High Court Quashes GST Orders After Department Contradicts Its Own ‘No Dues’ Finding The present writ petition has been filed by M/s Polestar Software...

Reassessment Beyond Three Years Invalid Without Proper Approval: ITAT Mumbai

Reassessment Beyond Three Years Invalid Without Proper Approval: ITAT Mumbai ITAT Mumbai quashed the reassessment proceedings initiated against the company for AY 2018-19 by relying on...

Madras High Court Dismisses Plea Against Section 74 GST Order, Upholds Rs. 8.95 Lakh Penalty

Madras High Court Dismisses Plea Against Section 74 GST Order, Upholds Rs. 8.95 Lakh Penalty The Madras High Court dismissed the writ petition of a...

ITAT Remands Matter to AO Citing Violation Of Natural Justice 

ITAT Remands Matter to AO Citing Violation Of Natural Justice  The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has restored the case for the company...

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