Taxability of transfer fees:

Interest earned on damages awarded through a decree of a court is a revenue receipt chargeable to tax in India while damages itself will not be chargeable.

Issuance of notice under section 143(2) is mandatory: Procedural lapse is fatal and cannot be cured

Carry forward of losses in the case of takeover of a company undergoing NCLT proceedings:

GST Notice for the reason “High turnover but low Income Tax paid”

CBDT Circular enhancing the monetary thresholds for filing appeals by the Department against orders passed in favor of the Assessee

Income Tax Refund cannot be denied only on account of discrepancies in Form 26AS: Delhi HC

Exemption u/s. 10(38) disallowed as sale of share was an affair to convert unaccounted money: ITAT Ahmedabad

Understanding Deferred Tax Assets and Liabilities: An overview

Can Input Tax Credit Under GST Be Availed Beyond the Time Limit?

Major Recommendations of 54TH GST Council Meeting held on 09th September 2024

Finance Act 2024: A Strategic Push towards the New Tax Regime

Valuation report by the DVO alone cannot form a basis for reopening of completed assessment: Delhi HC

Intricacies of Sec 43CA:

GST Clarification on the issue of availability of ITC on Demo vehicles

GST Clarification in respect of advertising services provided to foreign client

Allowability of provision/payment of Gratuity in Income Tax and its representation in Form 3CD

Income Tax benefits available to Ganpati Mandals: