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)?

One can claim ITC despite the supplier’s mistake in GST return filing: Supreme Court

Key GST related provisions effective April 1, 2025

Where the reasons on the basis of which the reassessment proceedings were opened had been deleted; no other addition or disallowance on any other grounds, could be sustained

80IAC benefits for start-ups: An Overview

Section 43B(h) Of Income Tax Act Vs. MSME

GST Audit: What precaution taxpayers should take?

CBDT Notifies HUDCO Bonds as Long-Term Specified Asset u/s 54EC for FY 2025-26…

Income tax dept notifies form ITR-B for taxpayers on whom search, or requisition operation has been initiated

Deduction towards contingent liability allowed by AO: No revision U/s 263 permissible if AO had conducted proper inquiry and verification – ITAT Mumbai

Assessing Officer refuses to even issue the summons under section 131(1) – ITAT deleted addition

Redeveloped Flat received from builder is not a “Gift” under section 56(2)(x): Mumbai ITAT

Bombay High Court Grants Interim Relief to Hindustan Coca-Cola in ₹2,500 Cr GST Dispute!

ITC cannot be denied even if the supplier’s registration is cancelled from retrospective date.

Section 153D: Approval must be self-contained piece of evidence demonstrating that due process of law is followed in approving

Know about the changes in the New Tax Audit Report in Form No. 3CD

Updated Returns: A Second Chance That Costs Extra (But Saves You More)