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GSTN Flags ITC Mismatch: Rule 37A Triggers Major ITC Reversal Drive for FY 2024-25

GSTN Flags ITC Mismatch: Rule 37A Triggers Major ITC Reversal Drive for FY 2024-25 Infosys GSTN has sent notices to taxpayers under Rule 37A of...

FTS Can’t Be Taxed in India Without a Specific DTAA Clause Unless Company Possesses a PE in India

FTS Can't Be Taxed in India Without a Specific DTAA Clause Unless Company Possesses a PE in India The present appeal has been filed by...

Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact

Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact Sai Life Sciences Limited has recently issued a...

ITAT Condones Delay and Grants Exemption Under Section 11, Overturning CPC’s Denial

ITAT Condones Delay and Grants Exemption Under Section 11, Overturning CPC’s Denial The present appeal has been filed by a company named M/s Fig Tree...

Section 54F Exemption Cannot be Denied Merely Because Registration of Property is Pending

Section 54F Exemption Cannot be Denied Merely Because Registration of Property is Pending The present appeal has been filed by the ITO-19 (3)(1), Mumbai (Appellant),...

HC Refuses Interim Relief as Same-Sex Couple Challenges Gift Tax Rule Under Section 56(2)(x)

HC Refuses Interim Relief as Same-Sex Couple Challenges Gift Tax Rule Under Section 56(2)(x) On Thursday, the Bombay High Court refused to allow interim relief...

Delay Condoned: ITAT Pune Orders Re-Examination After Wrong Double Addition in ITR

Delay Condoned: ITAT Pune Orders Re-Examination After Wrong Double Addition in ITR The present appeal has been filed by Sujit Vitthal Shinde (Appellant) against the...

ITAT Sets Aside Addition on Demonetisation Cash Deposit of Rs. 14.32 Lakh, Orders Fresh Assessment

ITAT Sets Aside Addition on Demonetisation Cash Deposit of Rs. 14.32 Lakh, Orders Fresh Assessment The taxpayer could not provide documents on time to explain...

Income Tax Assessment Order Cannot Travel Beyond the Scope of the Show Cause Notice

Income Tax Assessment Order Cannot Travel Beyond the Scope of the Show Cause Notice The ITAT Delhi recently ruled that the Assessing Officer (AO) cannot...

ITAT Quashes Addition Made u/s 68: Sales Declared in Books, GST Can’t Be Treated as Unexplained Income

ITAT Quashes Addition Made u/s 68: Sales Declared in Books, GST Can’t Be Treated as Unexplained Income ITAT New Delhi recently decided on a dispute...

State Forms Panel to Standardise Flat Ownership and Issue Vertical Property Cards to Flat Owners

State Forms Panel to Standardise Flat Ownership and Issue Vertical Property Cards to Flat Owners The state government has formed an advanced-level committee to make...

Delhi HC Quashes Retrospective Cancellation of GST Registration, Orders Fresh Inspection and Hearing

Delhi HC Quashes Retrospective Cancellation of GST Registration, Orders Fresh Inspection and Hearing The present writ petitioner (W.P.(C) 16845/2025 & CM APPLs. 69232/2025) has been...

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