Provision: as per sec 194IA of income tax Act, if immovable property, other than agricultural land, is transferred tax (TDS) ...

Gujarat Authority for Advance Ruling (AAR) has refused to issue a ruling on a question concerning the restriction of Input ...

The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in ...

The West Bengal Appellate Authority for Advance Ruling (WBAAAR) under the Goods and Services Tax (GST) regime has set aside a previous ruling by the state’s Authority for Advance Ruling (WBAAR) ...

CESTAT Delhi held that imposition of penalty under section 112 (a) of the Customs Act, 1962 not justified since revenue failed to establish direct involved of Customs Broker in mis-declaration of ...

Amendments, corrections, redrafting, deletion, edition of sections, sub-sections, proviso, schedules and rules have been ...

Delhi High Court has set aside a GST order passed against M/s Jinender Paper Mart, highlighting the critical issue of an ...

ITAT Kolkata held that the reopening of assessment cannot be allowed on the basis of vague reasons, where AO has not done anything as there was gross non-application of mind by the Assessing Officer.

The case involved Pret Study By Janak Fashions Private Limited, which challenged an order dated January 28, 2025, passed by ...

A new Para 19 is introduced in ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy) regulating the Import of certain goods from Bangladesh to India, with immediate ...

Subject: Port restriction on import of certain goods from Bangladesh to India – Insertion of a new Para 19 under ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy) ...