News

A simple guide to GST registration for small businesses in India. Understand the process, required documents, and benefits of ...
The Himachal Pradesh High Court granted anticipatory bail to a man accused of stalking, ruling that taking a woman's photos ...
Understand why off-market transactions appear in your Annual Information Statement. Learn how to verify, correct, and ...
The ITAT Mumbai restricted a bogus purchase addition to the profit element, distinguishing the case from a prior ruling because the assessee provided a source for the ...
The ITAT Mumbai deleted a penny stock addition, ruling that the income tax department's reliance on suspicion and a general investigation report was insufficient to dislodge the assessee's proof of ...
Indian Prime Minister Narendra Modi confronts U.S. President Donald Trump's unilateral tariff imposition. India is urged to devise a strategic ...
ITAT Delhi deleted penalties against Sahara India Commercial, citing a defective "omnibus" notice and a time-barred, invalid reassessment based on "borrowed ...
A professional analysis of interim financial reporting under AS 25 and Ind AS 34, covering key principles, regulatory context, and practical applications in ...
ITAT Delhi held the reopening of an assessment invalid for Viramgam Mahesana Project Limited, ruling against borrowed satisfaction and a "change of opinion" by the Assessing ...
The ITAT Mumbai has ruled that brought-forward business losses cannot be set off against short-term capital gains from the sale of depreciated assets, upholding the ...
Mere initiation of reassessment proceedings, which remain unfinalized, could not be a ground to deny an assessee the benefits available under the Direct Tax Vivad Se Vishwas (DTVSV) Scheme, ...
The ITAT Mumbai quashed a penalty against an assessee, ruling that the penalty order was time-barred as it was issued beyond the limitation period specified under Section ...