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ITAT Chennai Allows 80P Deduction on Interest from Co-operative Bank; Revenue’s Appeal Dismissed

ITAT Chennai Allows 80P Deduction on Interest from Co-operative Bank; Revenue’s Appeal Dismissed The ITAT Chennai had dismissed the appeal of the Income Tax Department...

ITAT Mumbai Deletes All Penalties u/s 271(1)(c), 270A and 271AAB After Finding No Incriminating Material in Search

ITAT Mumbai Deletes All Penalties u/s 271(1)(c), 270A and 271AAB After Finding No Incriminating Material in Search ITAT Mumbai, in a recent case, sustained all...

ROC Imposes Penalty of Rs. 3.50 Lakh on Company and Managing Director for Non-compliance u/s 134(8)

ROC Imposes Penalty of Rs. 3.50 Lakh on Company and Managing Director for Non-compliance u/s 134(8) The dispute is related to a company named Topsun...

AAR Denies ITC Availment on IGST Paid Under Pre-Notice Consultation u/s 28(1) of Customs Act 1962

AAR Denies ITC Availment on IGST Paid Under Pre-Notice Consultation u/s 28(1) of Customs Act 1962 The present application, dated April 25, 2025, has been...

RBI Expands Free Services for BSBD (Zero-Balance) Accounts to Boost Financial Inclusion

RBI Expands Free Services for BSBD (Zero-Balance) Accounts to Boost Financial Inclusion The Reserve Bank of India (RBI) has significantly expanded the range of free...

Allahabad HC Rules ITC Cannot Be Denied If Supplier Was Registered at Transaction Time

Allahabad HC Rules ITC Cannot Be Denied If Supplier Was Registered at Transaction Time The Allahabad High Court, in a recent case, has quashed the...

Why Your Income Tax Refund Is Delayed: Key Reasons and How to Check Status Online

Why Your Income Tax Refund Is Delayed: Key Reasons and How to Check Status Online It's been more than two and a half months since...

AAR Rules Consideration in form of Preference Share for Export Services Does Not Fall Under Section 97(2) Scope

AAR Rules Consideration in form of Preference Share for Export Services Does Not Fall Under Section 97(2) Scope The present Gujarat Authority for Advance Ruling...

ITAT Delhi Grants Section 11 Relief: Form 10B Filed Before Due Date, Reporting Error Allowed to Be Corrected

ITAT Delhi Grants Section 11 Relief: Form 10B Filed Before Due Date, Reporting Error Allowed to Be Corrected The case had been filed by a...

Supply of Imitation Zari Thread/Yarn Attracts 5% GST: AAR

Supply of Imitation Zari Thread/Yarn Attracts 5% GST: AAR The present application, dated August 27, 2024, has been filed by M/s. Sai Ram Jari Industries...

GSTN Releases Clarification to Queries Related to GSTR-9/9C Filing for FY 2024-25

GSTN Releases Clarification to Queries Related to GSTR-9/9C Filing for FY 2024-25 The Goods and Services Tax Network (GSTN) has released the frequently asked questions...

A New Era for Tenants and Landlords: Key Changes Under the Model Tenancy Act, 2021

A New Era for Tenants and Landlords: Key Changes Under the Model Tenancy Act, 2021 The government of India has undertaken a major revision in...

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