Fake ITC case of about Rs. 270 crores relating to diamonds unearthed by CGST Commissionerates

Income Tax raids reveals unauthorised chit fund business, and all the investments and pay-outs of more than Rs. 400 crore, in the last few years

Corporate guarantee forms an international transaction and covered by Explanation to section 92B with retrospective effect

ITAT exempts Bombay Chamber of Commerce for rendering services in relation to commercial activities

Finer point of income tax laws of personal taxation one should be aware of BY Balwant Jain

Unexplained cash credit u/s 68: If the Department has accepted the factum of repayment, the additions under section 68 is not sustainable in law.

Section 55 of Income Tax Act : Can Assessing Officer Reject , the valuation report ?

Income Tax raid on Pharma groups unearths unaccounted income of Rs 550 Cr

Taxation of Income from Stock Market

Cash seizure of over Rs. 142 crore in searches of Income Tax Department in Hyderabad

Mere delay in enclosing a certified copy of order appealed against along with the appeal should not come in the way of assessee’s appeal for being considered on merits

Assessment order quashed as the password for the Video conference link was not provided

GST on milling of wheat into flour or paddy into rice for distribution by State Governments under PDS

Income Tax Raids reveals services of a Dubai based financial service provider to create a dubious and complex web of foreign companies and trusts

Search is qua a ‘place’ and not necessarily qua the ‘Assessee’. Survey by its very nature could be of the entity and any place from where such entity may operate.

ERRONEOUS INTIMATIONS ISSUED U/S 143(1)(a) of INCOME TAX ACT, 1961 BY KSCAA.

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th October, 2021

While the words of an enactment are important, the context is no less important: Supreme Court