A Mumbai Tribunal ruled that CSR donations, while not business expenses, are deductible under Section 80G if made to eligible institutions, reaffirming CBDT ...

Key GST changes in June 2025 include lower e-invoicing thresholds, an extended amnesty scheme, a new ITC reconciliation tool, and clarified rules for Input Service ...

ITAT Mumbai dismisses Revenue's appeal against Thirumalai Marketing & Investments Ltd., upholding the assessee's proof of the lender's identity and creditworthiness for a Rs. 5 crore ...

Bangalore ITAT remands Om Prakash Girgaonkar's appeal to AO, citing potential double addition on property purchase and unverified cash ...

Section 31 of IBC governs resolution plan approval by NCLT, making it binding on all stakeholders. It covers viability checks, moratorium cessation, record submission, and post-approval ...

Duty Credit Scrips (DCS) are export promotion incentives granted by the Government of India under the Foreign Trade ...

Understand ITR filing requirements for salaried individuals, including applicability, forms, deductions, tax regimes, and a ...

This article examines the complex legal landscape of GST on ocean freight for Indian imports, covering valuation, reverse charge, and the impact of the Mohit Minerals Supreme Court ...

Gauhati High Court held that non-communication of ‘reasons to believe’ to the arrestee in the matter of fraudulent availment of ITC under GST vitiates the process and undermines the safeguards ...

ITAT Ahmedabad held that revisionary proceedings under section 263 of the Income Tax Act justified since PCIT correctly observed that the very basis of disallowance of depreciation was on an incorrect ...

ITAT Mumbai held that depreciation of amalgamating company cannot be disallowed merely for non-filing of Form No. 62 which is only directory. Thus, non-compliance of the same would not disentitle the ...

Mandatory Virtual Personal Hearings under Delhi , Natural Justice & Compliance under Sections 75(4), 107(8), 126(3) of CGST Act, 2017 read with Delhi GST Act, ...