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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...

Tribunal Rules Seller Cannot Be Denied TDS Credit Due to Buyer’s Late Payment

Tribunal Rules Seller Cannot Be Denied TDS Credit Due to Buyer’s Late Payment A seller sold property in the financial year 2021-22 and paid tax...

ITAT Mumbai Upholds Rs. 8.79 Crore Share Gain as Genuine, Rejects Bogus Penny Stock Allegation

ITAT Mumbai Upholds Rs. 8.79 Crore Share Gain as Genuine, Rejects Bogus Penny Stock Allegation In a recent case of ITAT Mumbai, the tribunal ruled...

Goods Cannot be Confiscated under GST Law if Excess Stock is Found During Survey: HC

Goods Cannot be Confiscated under GST Law if Excess Stock is Found During Survey: HC The present writ petition (WRIT TAX No. 5577 of 2025),...

Allahabad HC Quashes GST Penalty for Technical Lapse in E-Way Bill, Found No Intention to Evade Tax

Allahabad HC Quashes GST Penalty for Technical Lapse in E-Way Bill, Found No Intention to Evade Tax The present writ petition (Neutral Citation No. -...

A Century of Dedication to CA Profession: ICAI President Honours 101-Year-Old CA Shantilal P. Vora

A Century of Dedication to CA Profession: ICAI President Honours 101-Year-Old CA Shantilal P. Vora Charanjot Singh Nanda, President of the Institute of Chartered...

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