How to Save Capital Gains Tax Legally in India: 7 Powerful Tax-Saving Strategies Every Taxpayer Should Know
Maharashtra GST Audit Selection Guidelines for FY 2023-24: New Risk Assessment Framework, Revenue Thresholds and Key Implications for Taxpayers
GST Registration Cancelled Due to Financial Crisis? Bombay High Court Comes to the Rescue of a Struggling Business!
When the Income Tax Department Ignores Its Own Defeat: Bombay High Court Imposes ₹25,000 Cost on Officer for Pursuing a Low-Tax Appeal
Tenancy Rights in Redevelopment: Mumbai ITAT Deletes ₹1.10 Crore STCG Addition – Capital Gains Taxable Only Upon Possession of Alternative Accommodation
Bogus Purchase Addition Deleted! Delhi ITAT Holds That GST Registration Cancellation and Non-Response of Suppliers Cannot Defeat Genuine Purchase Evidence
Year-End Provisions Attract TDS Under Section 194J! ITAT Bangalore Holds Assessee in Default Under Section 201(1), but Grants Relief for Vendor Income Already Offered to Tax
GST Department Cannot Force Tax Collection During Investigation! Karnataka High Court Orders Refund of ₹53.97 Lakh with 6% Interest
Partner’s Remuneration and Interest Eligible for 50% Presumptive Taxation Under Section 44ADA? A Legal Grey Area for Professionals
Can Income Tax Department Tax the Entire On-Money Received by a Builder in the Year of Receipt? ITAT Mumbai Says No!
Demonetisation Cash Deposits Cannot Be Treated as Unexplained Merely Due to Absence of Stock Register: ITAT Indore
Mere Disallowance of Expenditure Does Not Automatically Mean Misreporting of Income: ITAT Deletes ₹4.42 Lakh Penalty Under Section 270A
No Section 143(2) Notice, No Valid Reassessment! Supreme Court Rules That Section 292BB Cannot Cure Complete Absence of Mandatory Notice
CBDT Tightens Merger Rules for Charitable Trusts: Five-Year Restriction, Tax Liability Transfer and Mandatory Form 112A Filing Explained
WRONG SECTION QUOTED IN AN APPLICATION? ITAT SAYS SUBSTANTIVE JUSTICE CANNOT BE DENIED FOR A TECHNICAL MISTAKE!
SECTION 54 EXEMPTION: ITAT REMANDS CASE FOR VERIFICATION OF HOUSE CONSTRUCTION EVIDENCE – A SECOND CHANCE FOR THE TAXPAYER!
SECTION 43B: SUPREME COURT QUASHES DISALLOWANCE OF UNPAID EXCISE DUTY BASED SOLELY ON TAX AUDIT REPORT