Reference has been received in the Board on the aspect of allowable limits of quantity of agarwood product that can be taken ...

GST Case Law Compendium reviews significant judicial pronouncements impacting taxpayers and tax administration. Recent court ...

He also claimed that the substantial penalty effectively prevents him from appealing the findings due to the required pre-deposit amount. The petitioner provided details of his bank accounts, which ...

Section 168 of the Income Tax Act, 1961 explains the taxation of executors: Section 168 (1) Subject as hereinafter provided, the income of the estate of a deceased person shall be chargeable to tax in ...

FI Foundation had initially been granted provisional registration under Section 80G on August 24, 2023. Subsequently, the trust applied for final registration in Form 10AB on September 4, 2023. The ...

CA. Shreyas Dharkar How Standards on Auditing, Guidance Notes, and Code of Ethics Collaboratively Reduce Punishments Imposed by NFRA Summary This article ...

In the case of Arti Dhall vs DCIT, the Income Tax Appellate Tribunal (ITAT) Delhi ruled on an appeal concerning the validity of an assessment order passed under section 143(3) of the Income Tax Act ...

Bangalore dealt with the issue of a penalty imposed under Section 271D of the Income Tax Act for cash loans totaling ₹38.7 lakh received by the assessee during the Assessment Year 2010–11. The ...

The old tax regime offers more deductions and exemptions compared to the new tax regime, making it a preferred choice for individuals who can take advantage of these benefits. Additionally, the Budget ...

Introduction Strikes have historically been a powerful tool for workers to voice their demands and challenge existing labour conditions. In India, where the ...

In a setback to the Income Tax Department, the Income Tax Appellate Tribunal (ITAT), Kolkata bench, has upheld the cancellation of a reassessment initiated against an individual, Anil Kumar Loharuka, ...

The inclusion of I4C, a key agency under the Ministry of Home Affairs focused on cybercrime coordination, is expected to enhance inter-agency cooperation and improve information sharing related to ...