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Allahabad High Court Quashes GST Penalty for Minor PIN Code Error, No Intention of Tax Evasion

Allahabad High Court Quashes GST Penalty for Minor PIN Code Error, No Intention of Tax Evasion The Allahabad High Court quashed the GST penalty and...

Excess Stock Case: Allahabad High Court Quashes GST Orders Issued Under Wrong Provision

Excess Stock Case: Allahabad High Court Quashes GST Orders Issued Under Wrong Provision The GST department has surveyed the business location of a company and...

ITAT Ahmedabad Deletes Rs. 20.23 Lakh Cash Deposit Addition, Rejects Unexplained Investment Theory

ITAT Ahmedabad Deletes Rs. 20.23 Lakh Cash Deposit Addition, Rejects Unexplained Investment Theory The appeal had been filed by a taxpayer named Babubhai Ramanbhai Patel,...

ITAT Ahmedabad Quashes Rs. 440 Crore Bogus Purchase Addition as Reopening Found Time-Barred

ITAT Ahmedabad Quashes Rs. 440 Crore Bogus Purchase Addition as Reopening Found Time-Barred The ITAT cancelled the reassessment because the reopening notice was time-barred, meaning...

ITAT Quashes CIT(A) Order for Denying Legal Heir Opportunity, Directs Fresh Adjudication

ITAT Quashes CIT(A) Order for Denying Legal Heir Opportunity, Directs Fresh Adjudication ITAT quashed the CIT(A) order on the grounds that the legal heir after...

ICSI Requests Members to Ensure Timely Compliance with Annual Filing Deadline for FY 2024-25

ICSI Requests Members to Ensure Timely Compliance with Annual Filing Deadline for FY 2024-25 The Institute of Company Secretaries of India (ICSI) has recently issued...

CBI Arrests Two Officials of ESIC Vijaywada for Demanding and Accepting a Bribe of Rs. 50,000

CBI Arrests Two Officials of ESIC Vijaywada for Demanding and Accepting a Bribe of Rs. 50,000 The Central Bureau of Investigation (CBI) has recently arrested...

ITAT Ahmedabad Upholds 14A Revision but Quashes 263 Action on Share Purchase Valuation

ITAT Ahmedabad Upholds 14A Revision but Quashes 263 Action on Share Purchase Valuation In a recent case, the Tribunal ruled that the PCIT was right...

Income Tax Refunds FY 2024-25: Here’s Why They’re Delayed and How to Track Yours Online

Income Tax Refunds FY 2024-25: Here's Why They’re Delayed and How to Track Yours Online This financial year, 2024-25, the speed of clearance of the...

Professional Misconduct: ICAI Reprimands Auditor for Not Reporting Mandatory Cash Flow Statement

Professional Misconduct: ICAI Reprimands Auditor for Not Reporting Mandatory Cash Flow Statement A complaint has been filed by Shri Vineet Rai, Deputy Registrar of Companies...

New Labour Code for India 2025: Biggest Labour Reforms In Independent India

New Labour Code for India 2025: Biggest Labour Reforms In Independent India The Indian parliament has finally passed the most-awaited labour law reforms of 2025,...

Mere accusations cannot entail Revenue to fasten Income tax liability u/s 69C: ITAT

Mere accusations cannot entail Revenue to fasten Income tax liability u/s 69C: ITAT The appeal has been filed by the Income Tax Officer (ITO) against...

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