Interest on Delayed Payment under Section 16 of the MSMED Act and its Allowability under the IT Act

30th April 2025- Last date for opting the Direct Tax Vivad se Vishwas, 2024 is 30 April 2025

Pune ITAT Declares Assessment Invalid as notice not served at Correct Address

Mutual Funds earned by a Singapore resident is not taxable in India unlike shares: ITAT Mumbai

Length of delay is immaterial when there exists “sufficient cause”- ITAT condoned the delay of 1607 days

HC directed CBDT to apply VsV Scheme, 2024 to taxpayers where due date of filing of appeal has not expired

Oops, Missed a TDS Claim? Here’s How You Can Still Claim It!

An overview of the ROC Compliance & Due Dates for the FY 2024-25

Hello Companies! Don’t Miss to file Form MSME-1 – The New Compliance!

ITAT, Delhi Quashes Penalty for Non-Compliance of Invalid Unsigned Notices Under Section 272A(1)(d)

CBDT circular for waiver of Interest in specified cases where TDS/TCS is debited in the bank account within due date but challan reflected later date

Would a gift given by step brother/ sister be exempt from tax?

Penalty u/s. 270A not leviable as order and notice failed to specify applicable limb: Pune ITAT

Section 50C of the Act is applicable to a property held in leasehold right: Bombay HC

Whether surcharge is applicable at respective surcharge slab rate or at maximum surcharge rate in case of the Private Discretionary Trust?

Permanent Registration of the Trust: There is no error in claiming exemption under ss. 11 and 12 of the Act when the trust was armed with provisional registration – Nagpur ITAT

Application under Section 12A (1)(ac)(vi)-Item ‘B of the IT Act, 1961 is not incorrect even if the trust has claimed any deduction under section 11/12 in earlier years: Nagpur ITAT

Redevelopment Scheme: Whether the difference between the stamp duty value of the new flat and the indexed cost of the old one as a taxable “gift” under Section 56(2)(x)?