Saloni

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GSTN Releases Advisory and FAQ on Electronic ITC Reversal, Reclaim Ledger and RCM Statement

GSTN Releases Advisory and FAQ on Electronic ITC Reversal, Reclaim Ledger and RCM Statement The Goods and Services Tax Network (GSTN) has recently issued an...

GST Payable Under RCM on Foreign Patent Filing Expenses: AAR Clarifies

GST Payable Under RCM on Foreign Patent Filing Expenses: AAR Clarifies The present applicant, dated August 14, 2025, has been filed by a company named...

ICAI Penalises CA For Taking Additional Advisory Assignment While Acting As Statutory Auditor

ICAI Penalises CA For Taking Additional Advisory Assignment While Acting As Statutory Auditor A statutory auditor cannot take up any additional work like budgeting, variance...

Still Awaiting Income Tax Refund? Common Mistakes, CBDT Warning, and How to Check Status

Still Awaiting Income Tax Refund? Common Mistakes, CBDT Warning, and How to Check Status Several taxpayers are still frustrated with the fact that it's been...

Big Relief for Taxpayers! Income Tax Rectification Applications Now Available Online at E-Filing Portal

Big Relief for Taxpayers! Income Tax Rectification Applications Now Available Online at E-Filing Portal The Income Tax Department has provided major relief to taxpayers by...

ITAT Upholds PCIT’s Revision Under Section 263: Lack of AO Inquiry on Section 94B Interest Disallowance

ITAT Upholds PCIT’s Revision Under Section 263: Lack of AO Inquiry on Section 94B Interest Disallowance The present appeal has been filed by Manaveeya Development...

ITAT Condones 96-Day Delay, Sends Case Back to CIT(A) for Decision on Merits

ITAT Condones 96-Day Delay, Sends Case Back to CIT(A) for Decision on Merits The appeal has been filed by Smt. Malleshwari Naramulla Ranga Reddy in...

ITAT Bangalore Sets Aside Rs. 2.17 Crore Cash Deposit Reassessment for Jurisdictional Lapse

ITAT Bangalore Sets Aside Rs. 2.17 Crore Cash Deposit Reassessment for Jurisdictional Lapse The present appeal has been filed by Smt. Shweta Gadgay in ITAT...

ITAT Quashes Section 148 Reassessment Orders Issued by JAO After Faceless Scheme CBDT Notification

ITAT Quashes Section 148 Reassessment Orders Issued by JAO After Faceless Scheme CBDT Notification Four appeals have been filed in the ITAT Hyderabad by four...

IT Department Seeks Public Support to Curb Black Money in Maharashtra Municipal Elections 2025-26

IT Department Seeks Public Support to Curb Black Money in Maharashtra Municipal Elections 2025-26 The Income Tax Department, Office of the Principal Director of Income...

High Court Directs GSTN to Improve Portal for Better User Experience and Business Support

High Court Directs GSTN to Improve Portal for Better User Experience and Business Support The Allahabad High Court in a recent case has directed GSTN...

ITAT Quashes Rs. 1.34 Crore Section 68 Addition in Alleged Bogus LTCG Case

ITAT Quashes Rs. 1.34 Crore Section 68 Addition in Alleged Bogus LTCG Case ITAT Mumbai deleted the Rs. 1.34 crore addition, holding that the senior...

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