The Tribunal sustained the addition due to the AO's rejection of the books under s.145, which was warranted by the assessee's ...

ICAI mandates that CAs must now record the type of audit opinion (Unmodified, Qualified, Adverse, or Disclaimer) when ...

CAAR, Mumbai, ruled that Thermal Printer Ribbons are essential parts of thermal printers and classifiable under CTH 8443 99 ...

SEBI amends NCS Regulations 2025, mandating a specific trust deed format but permitting deviations if a rationale and summary sheet are included in the offer ...

J&K HC ruled that tax officers must consider a delayed reply to a GST SCN u/s 73 if filed before the final order, holding that ignoring it violates natural ...

DGFT amends Appendix 2B of FTP 2023 to include agencies authorized to issue Certificates of Origin under the India–EFTA Trade and Economic Partnership Agreement ...

The High Court issued an interim direction against the CIT (Exemptions) orders that rejected the condonation of significant delays in a charitable trust's Form 10B filing. The ruling provides interim ...

GST cuts on coffee, dairy, cashew, cement, and drones will stimulate Karnataka's economy, boosting farmers, artisans, and ...

ITAT Pune set aside a best judgment assessment (u/s 144) that arbitrarily estimated an 8% net profit for a poultry farm and disallowed interest expense. Tribunal ruled that substantive justice ...

NCLT Mumbai held that Corporate Debtor Unitech Transformers Pvt. Ltd. is ordered to be liquidated in terms of provision of ...

ITAT Agra deleted additions on gifts received from real sisters, holding that when identity, genuineness, and creditworthiness are proven, Section 68 cannot apply to family gifts made out of natural ...

Delhi District Court dismissed Mehmood Pracha's plea to nullify the Ayodhya verdict, enhancing the cost on the senior lawyer to ₹6 lakh for frivolous litigation and abuse of ...