4. Having considered the facts and circumstances of the case and after taking into account the factors above, ROC, West ...

It must be noted here that the Division Bench comprising of Hon’ble Mr Justice Vinay Joshi and Hon’ble Mr Justice Abhay Mantri also was very critical of the Trial Court for relying solely on ...

The article raises several questions about the fairness and efficiency of the Income-Tax Act, administration, and assessing officers, urging a review to ensure the system aligns with the intended ...

Another not unusual mistake is using the incorrect tax fee form (Challan) while making the income tax fee. For instance, people the usage of wrong Challans for TDS, self-assessment tax, increase tax, ...

The Delhi High Court reviewed an appeal by the Revenue challenging an Income Tax Appellate Tribunal (ITAT) decision regarding the application of Section 153C of the Income Tax Act to searches ...

Chennai ruled in favor of the assessee, Chola Business Services, regarding the concessional tax rate under Section 115BAA of the Income-tax Act, 1961, for the Assessment Year (AY) 2021-22. The company ...

Upon review, ITAT noted that the CIT (A)’s order lacked substantive findings, labeling it a “non-speaking order” that did not adequately address the appellant’s arguments or provide details on ...

In the case of ITO vs. Greta Energy Limited, the Income Tax Appellate Tribunal (ITAT) Chennai dealt with cross-appeals arising from an assessment order issued by the Assessing Officer (AO) under ...

Another tax benefit you get after buying a term insurance plan is that the insured amount your family receives is tax-free ...

This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi (hereinafter referred to as ‘the CIT (A)’) dated 26.12.2023, ...

As per the advisory issued by GSTN on Sep 3rd, 2024, GSTR-2B will not be generated for Month M-1 and M-2 for QRMP taxpayer.

Summary: The key issue at hand is the GST liability on charges collected by the owner of an oil tanker leased to petroleum ...