Saloni

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Section 153C Reassessments Beyond Six-Year Limit Held Invalid; ITAT Quashes Rs. 1.15 Crore Addition

Section 153C Reassessments Beyond Six-Year Limit Held Invalid; ITAT Quashes Rs. 1.15 Crore Addition The tribunal held the Assessing Officer’s section 153C reassessments invalid on...

CGST Delhi South Unearths Rs. 8.25 Crore Fake ITC Racket, Two Arrested and Sent to Custody

CGST Delhi South Unearths Rs. 8.25 Crore Fake ITC Racket, Two Arrested and Sent to Custody The Anti-Evasion Branch of the Central Goods & Services...

HC Quashes Demand Order in Case Where IGST Liability Was Discharged Under CGST And SGST Heads

HC Quashes Demand Order in Case Where IGST Liability Was Discharged Under CGST And SGST Heads The Allahabad High Court held that the company wrongly...

High Court Held Section 142 Special Audit Proceedings Void in Absence of DIN

High Court Held Section 142 Special Audit Proceedings Void in Absence of DIN Bombay High Court quashed the special audit order, holding that approval without...

Delhivery Subsidiary Faces Rs. 16.39 Crore GST Demand Over Reverse Charge Tax Shortfall

Delhivery Subsidiary Faces Rs. 16.39 Crore GST Demand Over Reverse Charge Tax Shortfall Delhivery Limited has issued a regulatory filing dated January 15, 2026, addressed...

Still Awaiting Your Income Tax Refund? Here’s Why AY 2026-27 Refunds Are Stuck

Still Awaiting Your Income Tax Refund? Here’s Why AY 2026-27 Refunds Are Stuck Several taxpayers who furnished Income Tax Returns (ITRs) for the Assessment Year...

Company and Directors Penalised Rs. 4.50 Lakh for Non-Filing of Statutory e-Form MGT-14

Company and Directors Penalised Rs. 4.50 Lakh for Non-Filing of Statutory e-Form MGT-14 ROC Kanpur has issued an adjudication order dated December 31, 2025,...

ITAT Denies Sections 12AB and 80G Registrations Holding Environmental Activity Must Serve Public at Large

ITAT Denies Sections 12AB and 80G Registrations Holding Environmental Activity Must Serve Public at Large ITAT Bangalore dismissed the company’s appeals, upholding the denial of...

ICAI Levies Penalty on CA for Undertaking Audit Without Obtaining NOC from Previous Auditor

ICAI Levies Penalty on CA for Undertaking Audit Without Obtaining NOC from Previous Auditor The Institute of Chartered Accountants of India (ICAI) Board of Discipline has...

ICAI Announces New Eligibility Criteria for Empanelment of Organisations to Offer Industrial Training

ICAI Announces New Eligibility Criteria for Empanelment of Organisations to Offer Industrial Training The Institute of Chartered Accountants of India (ICAI) has revised its eligibility...

MOU Receipts Taxable as ‘Income from Other Sources’ Where Assessee Had No Land Rights: ITAT

MOU Receipts Taxable as ‘Income from Other Sources’ Where Assessee Had No Land Rights: ITAT ITAT Ahmedabad dismissed all appeals of the assessee, holding that...

Medicated Toilet Soap Attracts 18% GST: AAR

Medicated Toilet Soap Attracts 18% GST: AAR The applicant company, M/s East African India Overseas, manufactures and supplies Pharmaceutical Formulations, including Tablets, Capsules, Syrups, Toilet...

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